Foresight Environmental Infra (LON:FGEN) Hits New 12-Month High – Time to Buy?

Foresight Environmental Infra (LON:FGEN)’s stock price reached a new 52-week high on Friday . The stock traded as high as GBX 89 and last traded at GBX 88.30, with a volume of 985997 shares traded. The stock had previously closed at GBX 85.80.

Analysts Set New Price Targets

Separately, Jefferies Financial Group reaffirmed 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 MarketBeat, Foresight Environmental Infra currently has a consensus rating of “Hold”.

Foresight Environmental Infra Stock Performance

The company has a 50 day simple moving average of GBX 81.66 and a two-hundred day simple moving average of GBX 74.63. The firm has a market cap of £549.78 million, a PE ratio of 14.95 and a beta of 0.41.

Foresight Environmental Infra (LON:FGEN) last released its earnings results on Thursday, June 18th. The company reported GBX 5.90 EPS for the quarter. Foresight Environmental Infra had a return on equity of 5.68% and a net margin of 95.30%.

Foresight Environmental Infra Company Profile

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.