F&C Investment Trust (LON:FCIT) Reaches New 12-Month High – Here’s Why

F&C Investment Trust (LON:FCIT) reached a new 52-week high on Tuesday . The company traded as high as GBX 1,178 ($14.50) and last traded at GBX 1,176.51 ($14.48), with a volume of 82295 shares changing hands. The stock had previously closed at GBX 1,176 ($14.48).

F&C Investment Trust Stock Performance

The firm has a market capitalization of £5.80 billion, a P/E ratio of 616.67 and a beta of 0.62. The company has a 50-day moving average of GBX 1,128.48 and a 200-day moving average of GBX 1,069.32. The company has a current ratio of 2.81, a quick ratio of 3.92 and a debt-to-equity ratio of 10.50.

F&C Investment Trust Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Monday, February 3rd. Stockholders of record on Thursday, January 2nd will be given a dividend of GBX 3.60 ($0.04) per share. The ex-dividend date is Thursday, January 2nd. This represents a dividend yield of 0.34%. F&C Investment Trust’s dividend payout ratio (DPR) is 781.25%.

Insider Buying and Selling

In other news, insider Beatrice Hollond bought 87 shares of the stock in a transaction that occurred on Thursday, January 9th. The stock was acquired at an average price of GBX 1,136 ($13.98) per share, with a total value of £988.32 ($1,216.69). Insiders have purchased a total of 185 shares of company stock valued at $206,436 over the last ninety days. 0.76% of the stock is owned by company insiders.

About F&C Investment Trust

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.