Foresight Group (LON:FSG) Shares Down 1% – Time to Sell?

Foresight Group Holdings Limited (LON:FSG) shares were down 1% during mid-day trading on Thursday . The stock traded as low as GBX 404 ($5.08) and last traded at GBX 407 ($5.11). Approximately 238,255 shares were traded during mid-day trading, an increase of 24% from the average daily volume of 192,903 shares. The stock had previously closed at GBX 411 ($5.17).

Foresight Group Trading Down 1.0 %

The company has a market cap of £464.66 million, a price-to-earnings ratio of 1,831.82 and a beta of 0.44. The business has a 50-day moving average price of GBX 445.99 and a 200 day moving average price of GBX 480.51.

Foresight Group Cuts Dividend

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

About Foresight Group

Foresight Group Holdings Limited operates as an infrastructure and private equity manager in the United Kingdom, Italy, Luxembourg, Ireland, Spain, and Australia. It operates through Infrastructure, Private Equity, and Foresight Capital Management segments. The company involved in the provision of the management of infrastructure assets, private equity investments, and open-ended investment companies for institutional and retail investors.