Foresight Environmental Infra (LON:FGEN) Hits New 52-Week High – Here’s What Happened

Foresight Environmental Infra (LON:FGEN)’s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 86.68 and last traded at GBX 84.35, with a volume of 1402987 shares. The stock had previously closed at GBX 84.40.

Wall Street Analysts Forecast Growth

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, Based on data from MarketBeat.com, Foresight Environmental Infra has an average rating of “Hold”.

Foresight Environmental Infra Stock Performance

The stock has a fifty day moving average of GBX 77.20 and a 200-day moving average of GBX 72.43. The company has a market cap of £529.07 million, a PE ratio of 70.73 and a beta of 0.42.

Foresight Environmental Infra (LON:FGEN) last released its earnings results on Thursday, June 18th. The company reported GBX 5.90 earnings per share for the quarter. Foresight Environmental Infra had a return on equity of 1.09% and a net margin of 88.50%.

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.