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

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

F&C Investment Trust Stock Up 0.3%

The company has a debt-to-equity ratio of 9.42, a current ratio of 2.66 and a quick ratio of 3.92. The company has a market cap of £1.60 billion, a P/E ratio of 2.45 and a beta of 0.80. The stock has a 50-day moving average of GBX 319.29 and a 200 day moving average of GBX 314.13.

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

Insiders Place Their Bets

In related news, insider Rain Newton Smith purchased 328 shares of the firm’s stock in a transaction that occurred on Monday, March 9th. The shares were bought at an average price of GBX 300.50 per share, for a total transaction of £985.64. Also, insider Beatrice Hollond purchased 328 shares of the firm’s stock in a transaction that occurred on Monday, March 9th. The stock was bought at an average price of GBX 300.50 per share, for a total transaction of £985.64. Insiders purchased 1,872 shares of company stock worth $593,002 in the last 90 days. 0.15% of the stock is owned by company insiders.

F&C Investment Trust Company Profile

(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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