F&C Investment Trust (LON:FCIT) Trading Up 0.8% – Here’s Why

F&C Investment Trust (LON:FCIT)’s stock price traded up 0.8% during mid-day trading on Friday . The stock traded as high as GBX 1,173.95 ($15.88) and last traded at GBX 1,171 ($15.84). 213,889 shares traded hands during trading, a decline of 54% from the average session volume of 469,822 shares. The stock had previously closed at GBX 1,162 ($15.72).

F&C Investment Trust Stock Performance

The firm’s fifty day moving average price is GBX 1,137.54 and its 200-day moving average price is GBX 1,105.55. The company has a current ratio of 2.81, a quick ratio of 3.92 and a debt-to-equity ratio of 10.50. The company has a market cap of £5.66 billion, a P/E ratio of 6.07 and a beta of 0.62.

F&C Investment Trust (LON:FCIT) last posted its quarterly earnings data on Friday, August 1st. The company reported GBX 10.47 earnings per share (EPS) for the quarter. F&C Investment Trust had a net margin of 95.33% and a return on equity of 18.50%.

Insider Transactions at F&C Investment Trust

In other F&C Investment Trust news, insider Beatrice Hollond purchased 88 shares of the stock in a transaction on Tuesday, July 8th. The shares were purchased at an average price of GBX 1,121 per share, with a total value of £986.48. Over the last 90 days, insiders have acquired 202 shares of company stock valued at $224,247. Insiders own 0.76% of the company’s stock.

About F&C Investment Trust

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.