Shares of Foreign & Colonial Investment Trust PLC (LON:FRCL) reached a new 52-week high on Wednesday after an insider bought additional shares in the company. The company traded as high as GBX 668 ($9.06) and last traded at GBX 664 ($9.00), with a volume of 173831 shares traded. The stock had previously closed at GBX 664 ($9.00).
Specifically, insider Jeffrey Hewitt purchased 74 shares of the company’s stock in a transaction that occurred on Tuesday, January 9th. The stock was bought at an average price of GBX 667 ($9.05) per share, with a total value of £493.58 ($669.35). Insiders purchased 105 shares of company stock valued at $69,048 in the last ninety days.
The firm has a market cap of $3,600.00 and a PE ratio of 5.11.
About Foreign & Colonial Investment Trust PLC
Foreign & Colonial Investment Trust PLC is a United Kingdom-based investment trust company. The Trust’s investment objective is to secure long-term growth in capital and income through a policy of investing in a diversified portfolio of publicly listed equities, as well as unlisted securities and private equity, with the use of gearing.
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