F&C Investment Trust (LON:FCIT) Hits New 52-Week High – Here’s What Happened

Posted by Alanna Baker on Nov 28th, 2024

F&C Investment Trust (LON:FCIT – Get Free Report)’s stock price reached a new 52-week high on Thursday . The company traded as high as GBX 1,128 ($14.30) and last traded at GBX 1,124 ($14.25), with a volume of 384205 shares trading hands. The stock had previously closed at GBX 1,122 ($14.22).

F&C Investment Trust Price Performance

The stock has a 50 day moving average of GBX 1,064.63 and a two-hundred day moving average of GBX 1,036.93. The company has a debt-to-equity ratio of 10.50, a quick ratio of 3.92 and a current ratio of 2.81. The stock has a market cap of £5.51 billion, a PE ratio of 582.82 and a beta of 0.62.

F&C Investment Trust Announces Dividend

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

Insider Activity

In other F&C Investment Trust news, insider Beatrice Hollond acquired 90 shares of F&C Investment Trust stock in a transaction that occurred on Friday, November 8th. The stock was purchased at an average cost of GBX 1,094 ($13.87) per share, with a total value of £984.60 ($1,248.23). 0.76% of the stock is owned by company insiders.

F&C Investment Trust Company Profile

(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.