F&C Investment Trust (LON:FCIT) Stock Jumps 0.4% – Still a Buy?

F&C Investment Trust (LON:FCIT – Get Free Report) shares traded up 0.4% during mid-day trading on Wednesday. The stock traded as high as GBX 344.60 and last traded at GBX 342.80. Approximately 1,919,319 shares were traded during mid-day trading, a decline of 60% from the average daily volume of 4,818,948 shares. The stock had previously closed at GBX 341.60.

F&C Investment Trust Price Performance

The firm has a market capitalization of £6.25 billion, a P/E ratio of 4.43 and a beta of 0.72. The company has a debt-to-equity ratio of 9.03, a current ratio of 1.94 and a quick ratio of 3.92. The stock’s fifty day simple moving average is GBX 343.29 and its 200 day simple moving average is GBX 330.40.

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

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.

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