Foresight Environmental Infra (LON:FGEN) Hits New 1-Year High – Time to Buy?

Foresight Environmental Infra (LON:FGEN) hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 86.15 and last traded at GBX 85.23, with a volume of 1538670 shares. The stock had previously closed at GBX 84.40.

Analyst Ratings Changes

Separately, Jefferies Financial Group reiterated a “hold” rating on shares of Foresight Environmental Infra in a report on Wednesday, May 13th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, Foresight Environmental Infra presently has an average rating of “Hold”.

Foresight Environmental Infra Stock Up 1.0%

The company has a market cap of £531.29 million, a price-to-earnings ratio of 71.03 and a beta of 0.38. The stock’s 50-day simple moving average is GBX 75.12 and its 200 day simple moving average is GBX 71.60.

About Foresight Environmental Infra

Foresight Environmental Infrastructure (FGEN) formerly known as JLEN. The Company’s investment policy is to invest in a diversified portfolio of Environmental Infrastructure. Environmental Infrastructure is defined by the Company as infrastructure assets, projects and asset-backed businesses that utilise natural or waste resources or support more environmentally friendly approaches to economic activity, support the transition to a low carbon economy or which mitigate the effects of climate change.