NextEnergy Solar (LON:NESF) Sets New 1-Year Low at $70.50

NextEnergy Solar (LON:NESF) shares reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 70.50 ($0.89) and last traded at GBX 71.20 ($0.90), with a volume of 1016090 shares. The stock had previously closed at GBX 71.50 ($0.90).

NextEnergy Solar Stock Performance

The company has a quick ratio of 13.96, a current ratio of 7.99 and a debt-to-equity ratio of 29.39. The company has a market cap of £422.44 million, a PE ratio of 1,021.43, a P/E/G ratio of 1.17 and a beta of 0.21. The business’s fifty day moving average is GBX 77.55 and its 200-day moving average is GBX 82.91.

NextEnergy Solar Announces Dividend

The company also recently declared a dividend, which will be paid on Thursday, March 28th. Shareholders of record on Thursday, February 15th will be issued a dividend of GBX 2.09 ($0.03) per share. This represents a yield of 2.61%. The ex-dividend date of this dividend is Thursday, February 15th. NextEnergy Solar’s dividend payout ratio is currently 11,428.57%.

NextEnergy Solar Company Profile

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.