F&C Investment Trust (LON:FCIT) Stock Price Down 0.5% – Here’s Why

F&C Investment Trust (LON:FCIT)’s stock price was down 0.5% during mid-day trading on Wednesday. The stock traded as low as GBX 347 and last traded at GBX 348.20. Approximately 1,695,054 shares traded hands during mid-day trading, a decline of 65% from the average session volume of 4,864,679 shares. The stock had previously closed at GBX 349.80.

F&C Investment Trust Price Performance

The company has a 50-day moving average of GBX 342.80 and a 200 day moving average of GBX 335.04. The company has a debt-to-equity ratio of 9.03, a quick ratio of 3.92 and a current ratio of 1.94. The firm has a market cap of £6.53 billion, a P/E ratio of 4.63 and a beta of 0.74.

F&C Investment Trust (LON:FCIT) last released its quarterly earnings data on Monday, August 3rd. The company reported GBX 2.84 earnings per share (EPS) for the quarter. F&C Investment Trust had a return on equity of 22.14% and a net margin of 103.67%.

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.