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

F&C Investment Trust (LON:FCITGet Free Report) shares reached a new 52-week high on Wednesday . The company traded as high as GBX 1,316 and last traded at GBX 1,315.31, with a volume of 726468 shares. The stock had previously closed at GBX 1,296.

F&C Investment Trust Trading Down 0.0%

The company has a market capitalization of £6.22 billion, a price-to-earnings ratio of 9.52 and a beta of 0.80. The firm has a 50-day moving average price of GBX 1,254.84 and a 200-day moving average price of GBX 1,245.79. The company has a current ratio of 2.66, a quick ratio of 3.92 and a debt-to-equity ratio of 9.42.

F&C Investment Trust (LON:FCITGet Free Report) last announced its quarterly earnings data on Monday, March 16th. The company reported GBX 17.97 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 Activity

In other F&C Investment Trust news, insider Beatrice Hollond bought 82 shares of the company’s stock in a transaction that occurred on Monday, March 9th. The shares were acquired at an average cost of GBX 1,202 per share, for a total transaction of £985.64. Also, insider Rain Newton Smith bought 82 shares of the business’s stock in a transaction that occurred on Monday, March 9th. The shares were acquired at an average cost of GBX 1,202 per share, with a total value of £985.64. In the last 90 days, insiders have bought 474 shares of company stock valued at $591,586. 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.

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