F&C Investment Trust (LON:FCIT) Reaches New 1-Year High – Here’s What Happened

F&C Investment Trust (LON:FCIT) reached a new 52-week high during trading on Wednesday . The stock traded as high as GBX 1,316 and last traded at GBX 1,315.31, with a volume of 726468 shares trading hands. The stock had previously closed at GBX 1,296.

F&C Investment Trust Stock Up 1.6%

The business’s 50 day moving average is GBX 1,253 and its 200-day moving average is GBX 1,243.87. The company has a debt-to-equity ratio of 9.42, a current ratio of 2.66 and a quick ratio of 3.92. The company has a market cap of £6.22 billion, a PE ratio of 9.50 and a beta of 0.80.

F&C Investment Trust (LON:FCIT) last released 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 F&C Investment Trust news, insider Beatrice Hollond bought 77 shares of the business’s stock in a transaction dated Friday, April 10th. The shares were acquired at an average cost of GBX 1,281 per share, with a total value of £986.37. Also, insider Rain Newton Smith bought 77 shares of the business’s stock in a transaction dated Friday, April 10th. The stock was acquired at an average cost of GBX 1,281 per share, for a total transaction of £986.37. In the last three months, insiders have acquired 474 shares of company stock worth $591,586. 0.13% of the stock is owned by corporate 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.