F&C Investment Trust (LON:FCIT) Stock Price Down 0.4% – What’s Next?

F&C Investment Trust (LON:FCIT) was down 0.4% during trading on Wednesday . The company traded as low as GBX 331.40 and last traded at GBX 332. Approximately 1,759,432 shares traded hands during trading, a decline of 65% from the average session volume of 4,969,527 shares. The stock had previously closed at GBX 333.40.

F&C Investment Trust Price Performance

The company’s 50-day moving average is GBX 340.80 and its 200-day moving average is GBX 324.52. The company has a debt-to-equity ratio of 9.42, a current ratio of 2.66 and a quick ratio of 3.92. The firm has a market capitalization of £6.24 billion, a price-to-earnings ratio of 9.56 and a beta of 0.80.

Insiders Place Their Bets

In related news, insider Beatrice Hollond purchased 300 shares of the firm’s stock in a transaction on Monday, May 11th. The shares were bought at an average price of GBX 331 per share, for a total transaction of £993. Also, insider Rain Newton Smith acquired 300 shares of the stock in a transaction dated Monday, May 11th. The shares were bought at an average cost of GBX 331 per share, with a total value of £993. In the last quarter, insiders acquired 1,482 shares of company stock worth $496,716. 0.13% of the stock is owned by company insiders.

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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