F&C Investment Trust (LON:FCIT) Hits New 52-Week High After Insider Buying Activity

F&C Investment Trust (LON:FCIT) shares hit a new 52-week high during trading on Tuesday following insider buying activity. The company traded as high as GBX 1,110 ($14.28) and last traded at GBX 1,108 ($14.26), with a volume of 418237 shares traded. The stock had previously closed at GBX 1,096 ($14.10).

Specifically, insider Beatrice Hollond purchased 90 shares of F&C Investment Trust stock in a transaction dated Friday, November 8th. The shares were purchased at an average price of GBX 1,094 ($14.08) per share, with a total value of £984.60 ($1,267.02).

F&C Investment Trust Trading Down 0.2 %

The stock has a market cap of £5.44 billion, a PE ratio of 578.13 and a beta of 0.62. 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 company’s 50-day moving average price is GBX 1,044.35 and its 200 day moving average price is GBX 1,029.62.

F&C Investment Trust Dividend Announcement

The company also recently declared 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 ($0.05) per share. This represents a dividend yield of 0.34%. The ex-dividend date is Thursday, January 2nd. F&C Investment Trust’s payout ratio is presently 781.25%.

About F&C Investment Trust

F&C Investment Trust PLC operates closed ended fund. Its objective is to secure long term growth in capital and income from an international investment portfolio. F&C Management Limited manages the investment portfolio of the company. The company is based in London, the United Kingdom.