Finsbury Growth & Income (LON:FGT) Issues Earnings Results

Finsbury Growth & Income (LON:FGT) posted its quarterly earnings results on Thursday. The investment trust reported GBX 6.60 EPS for the quarter, Digital Look Earnings reports. Finsbury Growth & Income had a negative return on equity of 1.79% and a negative net margin of 15.02%.The business had revenue of GBX 949 million for the quarter.

Finsbury Growth & Income Stock Down 0.7%

LON FGT opened at GBX 749.39 on Thursday. Finsbury Growth & Income has a 52 week low of GBX 706.92 and a 52 week high of GBX 939. The company has a quick ratio of 0.48, a current ratio of 0.36 and a debt-to-equity ratio of 2.38. The business’s fifty day simple moving average is GBX 746.71 and its 200-day simple moving average is GBX 778.22. The firm has a market cap of £801.36 million, a PE ratio of -79.72 and a beta of 0.74.

Finsbury Growth & Income Company Profile

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.