F&C Investment Trust (LON:FCIT) Sets New 12-Month High – What’s Next?

F&C Investment Trust (LON:FCITGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 351.60 and last traded at GBX 351.53, with a volume of 546590 shares trading hands. The stock had previously closed at GBX 349.32.

F&C Investment Trust Stock Up 0.4%

The stock has a market cap of £6.61 billion, a PE ratio of 10.12 and a beta of 0.80. The company has a current ratio of 2.66, a quick ratio of 3.92 and a debt-to-equity ratio of 9.42. The business has a 50-day moving average price of GBX 330.18 and a 200-day moving average price of GBX 317.91.

F&C Investment Trust (LON:FCITGet Free Report) last announced 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 return on equity of 11.28% and a net margin of 105.66%.

Insider Buying and Selling

In other news, insider Beatrice Hollond acquired 308 shares of F&C Investment Trust stock in a transaction that occurred on Friday, April 10th. The stock was purchased at an average cost of GBX 320.25 per share, with a total value of £986.37. Also, insider Rain Newton Smith acquired 308 shares of F&C Investment Trust stock in a transaction that occurred on Friday, April 10th. The stock was purchased at an average cost of GBX 320.25 per share, with a total value of £986.37. Insiders have bought a total of 1,510 shares of company stock worth $495,246 in the last quarter. Insiders own 0.13% 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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