F&C Investment Trust (LON:FCIT) Stock Price Down 0.5% – Here’s Why

F&C Investment Trust (LON:FCIT – Get Free Report)’s stock price was down 0.5% during trading on Wednesday. The stock traded as low as GBX 347 and last traded at GBX 348.20. 1,695,054 shares changed hands during trading, a decline of 65% from the average daily volume of 4,864,679 shares. The stock had previously closed at GBX 349.80.

F&C Investment Trust Stock Performance

The firm has a fifty day simple moving average of GBX 342.43 and a 200-day simple moving average of GBX 334.71. The company has a market cap of £6.48 billion, a PE ratio of 4.59 and a beta of 0.74. The company has a quick ratio of 3.92, a current ratio of 1.94 and a debt-to-equity ratio of 9.03.

F&C Investment Trust (LON:FCIT – Get Free Report) last posted its earnings results on Monday, August 3rd. The company reported GBX 2.84 EPS for the quarter. F&C Investment Trust had a return on equity of 22.14% and a net margin of 103.67%.

About F&C Investment Trust

(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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