F&C Investment Trust (LON:FCIT) Sets New 1-Year High – Time to Buy?

Shares of F&C Investment Trust (LON:FCITGet Free Report) hit a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 346.91 and last traded at GBX 339.60, with a volume of 579563 shares traded. The stock had previously closed at GBX 334.10.

F&C Investment Trust Stock Up 1.6%

The company has a quick ratio of 3.92, a current ratio of 2.66 and a debt-to-equity ratio of 9.42. The company has a market cap of £6.40 billion, a PE ratio of 9.80 and a beta of 0.80. The stock has a 50-day moving average of GBX 327.15 and a 200-day moving average of GBX 316.73.

F&C Investment Trust (LON:FCITGet Free Report) last released its earnings results on Monday, March 16th. The company reported GBX 4.49 EPS for the quarter. F&C Investment Trust had a return on equity of 11.28% and a net margin of 90.89%.

Insider Activity

In other news, insider Beatrice Hollond acquired 308 shares of F&C Investment Trust stock in a transaction dated Friday, April 10th. The shares were purchased at an average cost of GBX 320.25 per share, for a total transaction of £986.37. Also, insider Rain Newton Smith acquired 308 shares of F&C Investment Trust stock in a transaction dated Friday, April 10th. The shares were purchased at an average price of GBX 320.25 per share, for a total transaction of £986.37. Insiders have bought a total of 1,510 shares of company stock worth $495,246 over the last quarter. Corporate insiders own 0.13% of the company’s stock.

F&C Investment Trust Company Profile

(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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