F&C Investment Trust (LON:FCIT) Stock Price Up 0.6% – Still a Buy?

F&C Investment Trust (LON:FCIT)’s share price rose 0.6% on Tuesday . The company traded as high as GBX 343.20 and last traded at GBX 342.20. 51,924,652 shares traded hands during trading, an increase of 867% from the average session volume of 5,372,170 shares. The stock had previously closed at GBX 340.20.

F&C Investment Trust Trading Down 0.1%

The stock has a market capitalization of £6.46 billion, a price-to-earnings ratio of 4.53 and a beta of 0.75. The company has a debt-to-equity ratio of 9.03, a quick ratio of 3.92 and a current ratio of 1.94. The firm has a fifty day moving average of GBX 341.26 and a 200-day moving average of GBX 328.34.

F&C Investment Trust (LON:FCIT) last issued its quarterly earnings data on Monday, August 3rd. The company reported GBX 2.84 EPS for the quarter. F&C Investment Trust had a return on equity of 22.14% and a net margin of 103.67%.

Insider Activity

In other news, insider Rain Newton Smith bought 294 shares of F&C Investment Trust stock in a transaction dated Wednesday, July 8th. The shares were acquired at an average cost of GBX 338 per share, with a total value of £993.72. Also, insider Beatrice Hollond bought 294 shares of the firm’s stock in a transaction dated Wednesday, July 8th. The stock was purchased at an average price of GBX 338 per share, with a total value of £993.72. Over the last quarter, insiders have purchased 882 shares of company stock worth $298,116. Company insiders own 0.06% 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.

The value of investments and any income from them can go down as well as up and you may not get back the original amount invested.