F&C Investment Trust (LON:FCIT) Reaches New 1-Year High – Here’s Why

Shares of F&C Investment Trust (LON:FCIT) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 1,178 ($14.53) and last traded at GBX 1,176.51 ($14.51), with a volume of 82295 shares. The stock had previously closed at GBX 1,176 ($14.50).

F&C Investment Trust Trading Up 0.1 %

The business’s 50-day simple moving average is GBX 1,125.44 and its 200-day simple moving average is GBX 1,066.85. The company has a current ratio of 2.81, a quick ratio of 3.92 and a debt-to-equity ratio of 10.50. The company has a market cap of £5.77 billion, a PE ratio of 613.32 and a beta of 0.62.

F&C Investment Trust Dividend Announcement

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

Insiders Place Their Bets

In other F&C Investment Trust news, insider Beatrice Hollond bought 90 shares of the firm’s stock in a transaction on Friday, November 8th. The stock was bought at an average cost of GBX 1,094 ($13.49) per share, with a total value of £984.60 ($1,214.06). Insiders have bought a total of 185 shares of company stock valued at $206,436 in the last three months. Insiders own 0.76% of the company’s stock.

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.