NextEnergy Solar Fund (LON:NESF) Share Price Passes Below 50 Day Moving Average of $73.76

NextEnergy Solar Fund Limited (LON:NESF) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 73.76 ($0.94) and traded as low as GBX 71.50 ($0.91). NextEnergy Solar Fund shares last traded at GBX 72.60 ($0.92), with a volume of 1,400,997 shares trading hands.

NextEnergy Solar Fund Stock Performance

The business’s fifty day moving average price is GBX 73.76 and its two-hundred day moving average price is GBX 80.35. The company has a debt-to-equity ratio of 30.98, a quick ratio of 13.96 and a current ratio of 14.49. The stock has a market capitalization of £428.94 million, a P/E ratio of 907.50, a P/E/G ratio of 1.17 and a beta of 0.31.

NextEnergy Solar Fund Dividend Announcement

The firm also recently announced a dividend, which will be paid on Friday, June 28th. Stockholders of record on Thursday, May 23rd will be given a dividend of GBX 2.09 ($0.03) per share. This represents a dividend yield of 2.71%. The ex-dividend date is Thursday, May 23rd. NextEnergy Solar Fund’s dividend payout ratio is 10,000.00%.

About NextEnergy Solar Fund

NextEnergy Solar Fund Limited specializes in investments in operational solar photovoltaic (PV) assets. The fund intends primarily to acquire operating assets, but may invest in assets that are under development, that is, at the stage of origination, project planning or construction. Within this sector it intends to acquire assets that are primarily ground-based and utility-scale and which are on sites that may be agricultural, industrial, and/or commercial.