Shares of Finsbury Growth & Income (LON:FGT – Get Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 885.30 ($11.43) and traded as low as GBX 880 ($11.36). Finsbury Growth & Income shares last traded at GBX 880 ($11.36), with a volume of 249,208 shares trading hands.
Finsbury Growth & Income Stock Performance
The company has a 50 day moving average of GBX 923.09 and a 200-day moving average of GBX 885.58. The stock has a market cap of £1.31 billion, a price-to-earnings ratio of 14.49 and a beta of 0.52.
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.
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