Finsbury Growth & Income (LON:FGT) Hits New 1-Year Low – What’s Next?

Finsbury Growth & Income (LON:FGTGet Free Report) shares hit a new 52-week low on Monday . The stock traded as low as GBX 707 and last traded at GBX 717.39, with a volume of 797573 shares trading hands. The stock had previously closed at GBX 713.

Finsbury Growth & Income Stock Up 0.6%

The company has a debt-to-equity ratio of 2.38, a quick ratio of 0.48 and a current ratio of 0.36. The company’s fifty day moving average price is GBX 760.10 and its 200-day moving average price is GBX 808.21. The stock has a market cap of £811.68 million, a P/E ratio of -76.32 and a beta of 0.72.

Finsbury Growth & Income Company Profile

(Get Free Report)

The Company was founded in 1926 and Nick Train has managed the portfolio since his firm, Lindsell Train, was appointed as Portfolio Manager in 2000. Finsbury Growth & Income Trust PLC (“the Company”) invests principally in the securities of UK listed companies, whilst up to a maximum of 20% of the Company’s portfolio, at the time of acquisition, can be invested in quoted companies outside of the UK.

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