NextEnergy Solar Fund (LON:NESF) Rating Reiterated by Shore Capital

Shore Capital restated their house stock rating on shares of NextEnergy Solar Fund (LON:NESF) in a research note issued to investors on Tuesday, Digital Look reports.

Shares of NextEnergy Solar Fund stock opened at GBX 107 ($1.32) on Tuesday. The business’s fifty day moving average price is GBX 107.24 and its two-hundred day moving average price is GBX 112.42. The company has a debt-to-equity ratio of 30.48, a current ratio of 1.95 and a quick ratio of 1.94. The company has a market capitalization of $625.10 million and a P/E ratio of 9.15. NextEnergy Solar Fund has a 1-year low of GBX 1 ($0.01) and a 1-year high of GBX 126.50 ($1.56).

The company also recently announced a dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, May 21st were given a GBX 1.72 ($0.02) dividend. This represents a yield of 1.66%. The ex-dividend date was Thursday, May 21st. NextEnergy Solar Fund’s payout ratio is currently 59.83%.

NextEnergy Solar Fund Company Profile

NextEnergy Solar Fund Limited is a closed-ended investment company. The Company’s principal activities and investment objectives are to provide investors with a sustainable and attractive dividend that increases in line with retail price index over the long-term by investing in a portfolio of solar photovoltaic (PV) assets that are located in the United Kingdom.

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