Finsbury Growth & Income (LON:FGT) Reaches New 52-Week Low – Time to Sell?

Finsbury Growth & Income (LON:FGT) shares reached a new 52-week low on Wednesday . The stock traded as low as GBX 779.51 and last traded at GBX 784.11, with a volume of 143864 shares traded. The stock had previously closed at GBX 788.

Finsbury Growth & Income Price Performance

The stock has a market cap of £920.21 million, a P/E ratio of -82.45 and a beta of 0.52. The stock’s 50-day moving average is GBX 816.87 and its two-hundred day moving average is GBX 853.33.

Finsbury Growth & Income (LON:FGT) last announced its earnings results on Wednesday, December 3rd. The investment trust reported GBX 18.90 earnings per share (EPS) for the quarter. Finsbury Growth & Income had a net margin of 89.28% and a return on equity of 6.50%.

Insider Transactions at Finsbury Growth & Income

In other Finsbury Growth & Income news, insider Pars Purewal acquired 260 shares of Finsbury Growth & Income stock in a transaction that occurred on Tuesday, November 18th. The stock was bought at an average price of GBX 791 per share, with a total value of £2,056.60. Also, insider Katherine Cornish-Bowden purchased 144 shares of the company’s stock in a transaction dated Tuesday, November 18th. The shares were acquired at an average price of GBX 791 per share, for a total transaction of £1,139.04. 0.32% of the stock is owned by corporate insiders.

About Finsbury Growth & Income

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.