F&C Investment Trust (LON:FCIT) Sets New 1-Year High – Time to Buy?

F&C Investment Trust (LON:FCIT) hit a new 52-week high on Friday . The stock traded as high as GBX 346.91 and last traded at GBX 339.60, with a volume of 579563 shares changing hands. The stock had previously closed at GBX 334.10.

F&C Investment Trust Trading Up 1.6%

The firm has a fifty day simple moving average of GBX 327.15 and a two-hundred day simple moving average of GBX 316.73. The firm has a market capitalization of £6.40 billion, a P/E ratio of 9.80 and a beta of 0.80. The company has a debt-to-equity ratio of 9.42, a current ratio of 2.66 and a quick ratio of 3.92.

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

Insider Buying and Selling at F&C Investment Trust

In related news, insider Rain Newton Smith bought 308 shares of the company’s stock in a transaction on Friday, April 10th. The shares were purchased at an average price of GBX 320.25 per share, for a total transaction of £986.37. Also, insider Beatrice Hollond bought 308 shares of the company’s stock in a transaction on Friday, April 10th. The shares were bought at an average price of GBX 320.25 per share, for a total transaction of £986.37. Over the last three months, insiders have acquired 1,510 shares of company stock valued at $495,246. 0.13% of the stock is owned by corporate insiders.

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.