Foresight Group (LON:FSG) Hits New 12-Month Low – Should You Sell?

Foresight Group Holdings Limited (LON:FSG)’s share price reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 379 ($4.74) and last traded at GBX 379 ($4.74), with a volume of 232038 shares trading hands. The stock had previously closed at GBX 396 ($4.95).

Foresight Group Trading Down 4.3 %

The stock has a market capitalization of £436.99 million, a price-to-earnings ratio of 1,722.73 and a beta of 0.44. The firm’s fifty day moving average price is GBX 428.51 and its 200 day moving average price is GBX 477.21.

Foresight Group Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, January 31st. Stockholders of record on Thursday, January 16th will be given a dividend of GBX 7.40 ($0.09) per share. The ex-dividend date of this dividend is Thursday, January 16th. This represents a dividend yield of 1.64%. Foresight Group’s dividend payout ratio is currently 14,090.91%.

About Foresight Group

Founded in 1984, Foresight is a leading investment manager in real assets and capital for growth, operating across UK, Europe, and Australia.

With decades of experience, Foresight offers investors access to attractive investment opportunities at the forefront of change. Foresight actively builds and grows investment solutions to support the energy transition, decarbonise industry, enhance nature recovery and realise the economic potential of ambitious companies.