Foresight Enterprise VCT (LON:FTF) Shares Cross Below 200 Day Moving Average – Time to Sell?

Shares of Foresight Enterprise VCT (LON:FTF) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 55.42 ($0.70) and traded as low as GBX 50.09 ($0.63). Foresight Enterprise VCT shares last traded at GBX 51.09 ($0.64), with a volume of 2,166,887 shares changing hands.

Foresight Enterprise VCT Trading Up 1.2 %

The company has a market capitalization of £136.29 million, a P/E ratio of 1,277.25 and a beta of -0.03. The business’s fifty day moving average price is GBX 51.41 and its 200 day moving average price is GBX 55.29.

Foresight Enterprise VCT Increases Dividend

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