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

Shares of F&C Investment Trust (LON:FCIT) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 1,200 ($15.14) and last traded at GBX 1,196.68 ($15.10), with a volume of 40784 shares trading hands. The stock had previously closed at GBX 1,196 ($15.09).

F&C Investment Trust Trading Down 0.1 %

The company’s fifty day moving average is GBX 1,149.64 and its 200-day moving average is GBX 1,087.87. The company has a debt-to-equity ratio of 10.50, a current ratio of 2.81 and a quick ratio of 3.92. The company has a market capitalization of £5.77 billion, a PE ratio of 6.19 and a beta of 0.62.

F&C Investment Trust Announces Dividend

The business also recently declared a dividend, which was paid on Monday, February 3rd. Stockholders of record on Thursday, January 2nd were given a GBX 3.60 ($0.05) dividend. This represents a dividend yield of 0.34%. The ex-dividend date was Thursday, January 2nd. F&C Investment Trust’s payout ratio is 7.77%.

Insider Buying and Selling

In other F&C Investment Trust news, insider Beatrice Hollond purchased 87 shares of F&C Investment Trust stock in a transaction dated Thursday, January 9th. The shares were acquired at an average cost of GBX 1,136 ($14.33) per share, with a total value of £988.32 ($1,246.93). Insiders purchased 103 shares of company stock worth $117,496 in the last three months. 0.76% of the stock is owned by insiders.

F&C Investment Trust Company Profile

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.