F&C Investment Trust (LON:FCIT) Stock Price Down 0.4% – Time to Sell?

F&C Investment Trust (LON:FCIT)’s share price was down 0.4% during trading on Wednesday . The stock traded as low as GBX 1,224.55 and last traded at GBX 1,228. Approximately 388,361 shares changed hands during mid-day trading, a decline of 45% from the average daily volume of 706,309 shares. The stock had previously closed at GBX 1,233.

F&C Investment Trust Stock Down 0.4%

The company’s 50-day moving average is GBX 1,213.35 and its 200 day moving average is GBX 1,162.52. The stock has a market capitalization of £5.85 billion, a PE ratio of 17.00 and a beta of 0.62. The company has a current ratio of 2.81, a quick ratio of 3.92 and a debt-to-equity ratio of 10.50.

Insiders Place Their Bets

In other news, insider Rain Newton Smith bought 81 shares of the business’s stock in a transaction that occurred on Monday, November 10th. The shares were purchased at an average cost of GBX 1,218 per share, with a total value of £986.58. Also, insider Beatrice Hollond acquired 81 shares of F&C Investment Trust stock in a transaction dated Monday, November 10th. The stock was purchased at an average price of GBX 1,218 per share, with a total value of £986.58. Insiders have bought 1,398 shares of company stock worth $986,454 over the last three months. Corporate insiders own 0.13% of the company’s stock.

F&C Investment Trust Company Profile

F&C Investment Trust was founded in 1868 to bring the benefits of investing to a wider audience, we’re the oldest investment trust in the world.
F&C aims to provide a reliable foundation to deliver steady, long-term capital growth and a health dividend income. F&C has delivered increasing dividends for 54 years and is classified by the Association of Investment Companies (AIC) as a Dividend Hero.

The value of investments and any income from them can go down as well as up and you may not get back the original amount invested.