F&C Investment Trust (LON:FCIT) Hits New 1-Year High – Here’s What Happened

Shares of F&C Investment Trust (LON:FCITGet Free Report) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 342.10 and last traded at GBX 338.40, with a volume of 1125437 shares changing hands. The stock had previously closed at GBX 339.

F&C Investment Trust Stock Up 0.3%

The company’s fifty day moving average price is GBX 320.55 and its 200-day moving average price is GBX 314.60. The stock has a market capitalization of £1.61 billion, a PE ratio of 2.46 and a beta of 0.80. The company has a quick ratio of 3.92, a current ratio of 2.66 and a debt-to-equity ratio of 9.42.

F&C Investment Trust (LON:FCITGet Free Report) last released its earnings results on Monday, March 16th. The company reported GBX 4.49 earnings per share (EPS) for the quarter. F&C Investment Trust had a net margin of 90.89% and a return on equity of 11.28%.

Insider Activity at F&C Investment Trust

In other F&C Investment Trust news, insider Rain Newton Smith bought 328 shares of the stock in a transaction dated Monday, March 9th. The stock was purchased at an average cost of GBX 300.50 per share, for a total transaction of £985.64. Also, insider Beatrice Hollond bought 328 shares of the stock in a transaction dated Monday, March 9th. The shares were acquired at an average price of GBX 300.50 per share, with a total value of £985.64. Insiders have bought 1,872 shares of company stock valued at $593,002 over the last quarter. Company insiders own 0.15% of the company’s stock.

About F&C Investment Trust

(Get Free Report)

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.

Further Reading

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