Finsbury Growth & Income (LON:FGT) Releases Earnings Results

Finsbury Growth & Income (LON:FGT) released its earnings results on Thursday. The investment trust reported GBX 6.60 earnings per share for the quarter, Digital Look Earnings reports. The firm had revenue of GBX 949 million during the quarter. Finsbury Growth & Income had a negative return on equity of 1.79% and a negative net margin of 15.02%.

Finsbury Growth & Income Stock Performance

LON:FGT opened at GBX 749.80 on Friday. The stock has a fifty day moving average price of GBX 746.56 and a 200-day moving average price of GBX 777.79. The company has a market cap of £801.80 million, a price-to-earnings ratio of -79.77 and a beta of 0.74. The company has a debt-to-equity ratio of 2.38, a quick ratio of 0.48 and a current ratio of 0.36. Finsbury Growth & Income has a fifty-two week low of GBX 706.92 and a fifty-two week high of GBX 939.

Finsbury Growth & Income Company Profile

The Company was founded in 1926 and Nick Train has managed the portfolio since his firm, Lindsell Train, was appointed as Portfolio Manager in 2000. Finsbury Growth & Income Trust PLC (“the Company”) invests principally in the securities of UK listed companies, whilst up to a maximum of 20% of the Company’s portfolio, at the time of acquisition, can be invested in quoted companies outside of the UK.