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

F&C Investment Trust (LON:FCIT)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 1,290 and last traded at GBX 1,289, with a volume of 393460 shares changing hands. The stock had previously closed at GBX 1,274.

F&C Investment Trust Trading Up 1.2%

The stock has a market cap of £6.11 billion, a PE ratio of 17.84 and a beta of 0.62. The business has a 50-day moving average of GBX 1,254.65 and a 200 day moving average of GBX 1,218.87. The company has a debt-to-equity ratio of 10.50, a quick ratio of 3.92 and a current ratio of 2.81.

Insiders Place Their Bets

In other news, insider Rain Newton Smith purchased 78 shares of the stock in a transaction dated Monday, February 9th. The stock was acquired at an average cost of GBX 1,264 per share, for a total transaction of £985.92. Also, insider Stephen Russell acquired 1,176 shares of the business’s stock in a transaction dated Wednesday, January 7th. The stock was purchased at an average cost of GBX 1,268 per share, with a total value of £14,911.68. Insiders have bought 1,488 shares of company stock valued at $1,885,380 in the last ninety days. Insiders own 0.15% of the company’s stock.

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.

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