F&C Investment Trust (LON:FCIT) Sets New 52-Week High on Insider Buying Activity

F&C Investment Trust (LON:FCIT)’s share price reached a new 52-week high during trading on Wednesday following insider buying activity. The company traded as high as GBX 1,276 and last traded at GBX 1,273.45, with a volume of 618617 shares trading hands. The stock had previously closed at GBX 1,266.

Specifically, insider Rain Newton Smith acquired 78 shares of F&C Investment Trust stock in a transaction on Monday, February 9th. The shares were purchased at an average price of GBX 1,264 per share, with a total value of £985.92. Also, insider Beatrice Hollond bought 78 shares of the stock in a transaction dated Monday, February 9th. The stock was purchased at an average cost of GBX 1,264 per share, with a total value of £985.92.

F&C Investment Trust Stock Performance

The firm has a fifty day moving average of GBX 1,248.12 and a 200-day moving average of GBX 1,211.28. The firm has a market cap of £6.03 billion, a P/E ratio of 17.63 and a beta of 0.62. The company has a quick ratio of 3.92, a current ratio of 2.81 and a debt-to-equity ratio of 10.50.

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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