F&C Investment Trust (LON:FCIT) Reaches New 52-Week High – Should You Buy?

Posted by Paula Ricardo on Nov 8th, 2024

Shares of F&C Investment Trust (LON:FCIT – Get Free Report) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 1,090 ($14.19) and last traded at GBX 1,089.76 ($14.19), with a volume of 97219 shares. The stock had previously closed at GBX 1,062 ($13.82).

F&C Investment Trust Stock Performance

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 company has a market capitalization of £5.38 billion, a PE ratio of 572.92 and a beta of 0.62. The stock has a 50-day simple moving average of GBX 1,037.53 and a 200 day simple moving average of GBX 1,026.10.

F&C Investment Trust Announces Dividend

The company also recently declared a dividend, which will be paid on Monday, February 3rd. Stockholders of record on Thursday, January 2nd will be paid a dividend of GBX 3.60 ($0.05) per share. This represents a dividend yield of 0.34%. The ex-dividend date is Thursday, January 2nd. F&C Investment Trust’s dividend payout ratio (DPR) is presently 781.25%.

Insider Activity at F&C Investment Trust

In other F&C Investment Trust news, insider Julie Tankard purchased 960 shares of F&C Investment Trust stock in a transaction on Friday, August 23rd. The shares were bought at an average price of GBX 1,036 ($13.49) per share, with a total value of £9,945.60 ($12,946.63). 0.76% of the stock is owned by corporate insiders.

About F&C Investment Trust

(Get Free Report)

F&C Investment Trust PLC operates closed ended fund. Its objective is to secure long term growth in capital and income from an international investment portfolio. F&C Management Limited manages the investment portfolio of the company. The company is based in London, the United Kingdom.