Foresight Enterprise VCT (LON:FTF) Stock Passes Below 50-Day Moving Average – Should You Sell?

Foresight Enterprise VCT (LON:FTF)’s share price passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 54.84 ($0.70) and traded as low as GBX 50.50 ($0.64). Foresight Enterprise VCT shares last traded at GBX 52 ($0.66), with a volume of 3,815 shares trading hands.

Foresight Enterprise VCT Price Performance

The firm has a fifty day moving average of GBX 54.84 and a two-hundred day moving average of GBX 56.91. The stock has a market capitalization of £138.72 million, a P/E ratio of 1,300.00 and a beta of -0.03.

Foresight Enterprise VCT Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, November 15th. Shareholders of record on Thursday, October 31st were given a dividend of GBX 7.10 ($0.09) per share. This is an increase from Foresight Enterprise VCT’s previous dividend of $3.30. The ex-dividend date was Thursday, October 31st. This represents a yield of 12.46%. Foresight Enterprise VCT’s dividend payout ratio (DPR) is 17,500.00%.

About Foresight Enterprise VCT

Foresight Enterprise VCT Plc is a venture capital trust managed by Foresight Group. It specializes in investments in unquoted companies. It mainly invests in the technology, media & telecommunication, industrials & manufacturing, healthcare, business services, consumer & leisure. It typically invests in United Kingdom.