F&C Investment Trust (LON:FCIT) Sets New 1-Year High – Here’s Why

F&C Investment Trust (LON:FCITGet Free Report) reached a new 52-week high on Monday . The company traded as high as GBX 1,196 ($14.89) and last traded at GBX 1,193.40 ($14.86), with a volume of 339418 shares changing hands. The stock had previously closed at GBX 1,182 ($14.72).

F&C Investment Trust Trading Down 0.1 %

The company has a debt-to-equity ratio of 10.50, a quick ratio of 3.92 and a current ratio of 2.81. The firm has a 50-day moving average of GBX 1,144.20 and a 200-day moving average of GBX 1,082.37. The firm has a market capitalization of £5.85 billion, a P/E ratio of 621.53 and a beta of 0.62.

F&C Investment Trust Dividend Announcement

The company also recently declared a dividend, which was paid on Monday, February 3rd. Investors of record on Thursday, January 2nd were issued a dividend of GBX 3.60 ($0.04) per share. The ex-dividend date was Thursday, January 2nd. This represents a yield of 0.34%. F&C Investment Trust’s dividend payout ratio is currently 781.25%.

Insiders Place Their Bets

In other F&C Investment Trust news, insider Beatrice Hollond acquired 87 shares of the business’s stock in a transaction dated Thursday, January 9th. The shares were purchased at an average cost of GBX 1,136 ($14.15) per share, for a total transaction of £988.32 ($1,230.63). Insiders have bought a total of 103 shares of company stock valued at $117,496 in the last quarter. Insiders own 0.76% of the company’s stock.

F&C Investment Trust Company Profile

(Get Free Report)

Launched in 1868, the Trust is the world’s oldest collective investment scheme and has since gone on to amass an impressive track record and grow into one of the largest of its kind. Its aim is to generate long-term growth and income by investing primarily in an international portfolio of listed equities.

Further Reading

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