Finsbury Growth & Income (LON:FGT) Reaches New 12-Month High – Here’s Why

Finsbury Growth & Income (LON:FGT) shares reached a new 52-week high on Tuesday . The stock traded as high as GBX 942 ($11.73) and last traded at GBX 938.80 ($11.69), with a volume of 19000 shares. The stock had previously closed at GBX 940 ($11.70).

Finsbury Growth & Income Price Performance

The business’s 50 day simple moving average is GBX 899.57 and its 200-day simple moving average is GBX 863.81. The stock has a market capitalization of £1.74 billion, a price-to-earnings ratio of 1,557.46 and a beta of 0.52. The company has a quick ratio of 0.48, a current ratio of 5.68 and a debt-to-equity ratio of 2.01.

Finsbury Growth & Income (LON:FGT) last announced its quarterly earnings data on Wednesday, December 4th. The investment trust reported GBX 20.80 ($0.26) earnings per share (EPS) for the quarter. Finsbury Growth & Income had a net margin of 89.62% and a return on equity of 7.05%.

About Finsbury Growth & Income

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.