Finsbury Growth & Income (LON:FGT) Shares Pass Above 50-Day Moving Average of $838.65

Finsbury Growth & Income (LON:FGTGet Free Report) shares crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 838.65 ($10.75) and traded as high as GBX 845 ($10.83). Finsbury Growth & Income shares last traded at GBX 845 ($10.83), with a volume of 940,835 shares trading hands.

Finsbury Growth & Income Trading Down 0.4 %

The firm has a 50 day simple moving average of GBX 837.78 and a 200 day simple moving average of GBX 842.14. The company has a current ratio of 5.68, a quick ratio of 0.48 and a debt-to-equity ratio of 2.01. The firm has a market capitalization of £1.56 billion, a PE ratio of 1,393.08 and a beta of 0.52.

Finsbury Growth & Income Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, May 17th. Shareholders of record on Thursday, April 4th were paid a dividend of GBX 8.80 ($0.11) per share. The ex-dividend date of this dividend was Thursday, April 4th. This represents a yield of 1.03%. Finsbury Growth & Income’s dividend payout ratio is 3,114.75%.

Insider Buying and Selling at Finsbury Growth & Income

In other news, insider Simon Hayes purchased 3,738 shares of the company’s stock in a transaction dated Wednesday, May 29th. The shares were purchased at an average cost of GBX 840 ($10.76) per share, for a total transaction of £31,399.20 ($40,229.60). Company insiders own 5.83% of the company’s stock.

Finsbury Growth & Income Company Profile

(Get Free Report)

Finsbury Growth & Income Trust PLC is a closed ended equity mutual fund launched Frostrow Capital LLP. The fund is co-managed by Lindsell Train Limited. It invests in public equity markets of the United Kingdom. The fund seeks to invest in stocks of companies operating across diversified sectors.

Further Reading

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