F&C Investment Trust (LON:FCIT) Hits New 1-Year High – Here’s What Happened

F&C Investment Trust (LON:FCIT)’s share price hit a new 52-week high during trading on Wednesday . The stock traded as high as GBX 1,150 ($14.04) and last traded at GBX 1,150 ($14.04), with a volume of 320052 shares traded. The stock had previously closed at GBX 1,132 ($13.82).

F&C Investment Trust Stock Up 1.6 %

The firm has a market cap of £5.64 billion, a PE ratio of 598.96 and a beta of 0.62. The company has a debt-to-equity ratio of 10.50, a current ratio of 2.81 and a quick ratio of 3.92. The business has a fifty day moving average price of GBX 1,119.88 and a two-hundred day moving average price of GBX 1,062.42.

F&C Investment Trust Announces Dividend

The firm also recently announced a dividend, which will be paid on Monday, February 3rd. Stockholders of record on Thursday, January 2nd will be issued a GBX 3.60 ($0.04) dividend. The ex-dividend date of this dividend is Thursday, January 2nd. This represents a dividend yield of 0.34%. F&C Investment Trust’s dividend payout ratio is 781.25%.

Insider Transactions at F&C Investment Trust

In other F&C Investment Trust news, insider Beatrice Hollond purchased 87 shares of the stock in a transaction dated Thursday, January 9th. The shares were bought at an average cost of GBX 1,136 ($13.87) per share, with a total value of £988.32 ($1,206.59). Insiders purchased 185 shares of company stock valued at $206,436 over the last three months. 0.76% of the stock is owned by corporate insiders.

F&C Investment Trust Company Profile

Launched in 1868, the Trust is the world’s oldest collective investment scheme and has since gone on to amass an impressive track record and grow into one of the largest of its kind. Its aim is to generate long-term growth and income by investing primarily in an international portfolio of listed equities.