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

F&C Investment Trust (LON:FCITGet Free Report)’s share price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 342.10 and last traded at GBX 338.40, with a volume of 1125437 shares trading hands. The stock had previously closed at GBX 339.

F&C Investment Trust Stock Performance

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 stock has a 50-day simple moving average of GBX 319.29 and a 200-day simple moving average of GBX 314.13. The stock has a market cap of £1.60 billion, a P/E ratio of 2.45 and a beta of 0.80.

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

Insider Transactions at F&C Investment Trust

In other news, insider Beatrice Hollond purchased 328 shares of the business’s stock in a transaction dated Monday, March 9th. The shares were purchased at an average cost of GBX 300.50 per share, with a total value of £985.64. Also, insider Rain Newton Smith purchased 328 shares of the business’s stock in a transaction dated Monday, March 9th. The shares were purchased at an average cost of GBX 300.50 per share, for a total transaction of £985.64. In the last quarter, insiders acquired 1,872 shares of company stock worth $593,002. Company insiders own 0.15% of the company’s stock.

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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