F&C Investment Trust (LON:FCIT) Hits New 52-Week Low – What’s Next?

Shares of F&C Investment Trust (LON:FCIT) reached a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 326.65 and last traded at GBX 326.65, with a volume of 128071 shares changing hands. The stock had previously closed at GBX 1,318.76.

F&C Investment Trust Stock Down 74.7%

The company’s fifty day moving average price is GBX 1,254.84 and its 200-day moving average price is GBX 1,245.79. The stock has a market capitalization of £1.58 billion, a PE ratio of 2.41 and a beta of 0.80. The company has a quick ratio of 3.92, a current ratio of 2.66 and a debt-to-equity ratio of 9.42.

F&C Investment Trust (LON:FCIT) last announced its quarterly earnings data on Monday, March 16th. The company reported GBX 17.97 earnings per share for the quarter. F&C Investment Trust had a net margin of 90.89% and a return on equity of 11.28%.

Insider Buying and Selling

In other news, insider Beatrice Hollond acquired 82 shares of the firm’s stock in a transaction that occurred on Monday, March 9th. The stock was bought at an average cost of GBX 1,202 per share, for a total transaction of £985.64. Also, insider Rain Newton Smith acquired 82 shares of the firm’s stock in a transaction that occurred on Monday, March 9th. The stock was purchased at an average price of GBX 1,202 per share, with a total value of £985.64. Over the last 90 days, insiders purchased 318 shares of company stock valued at $394,402. 0.15% of the stock is owned by company insiders.

F&C Investment Trust Company Profile

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.