Finsbury Growth & Income (LON:FGT) Sets New 52-Week High – Still a Buy?

Finsbury Growth & Income (LON:FGT)’s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 931 ($11.48) and last traded at GBX 931 ($11.48), with a volume of 690231 shares traded. The stock had previously closed at GBX 925 ($11.40).

Finsbury Growth & Income Stock Performance

The company has a market cap of £1.71 billion, a price-to-earnings ratio of 1,527.54 and a beta of 0.52. The company has a debt-to-equity ratio of 2.01, a current ratio of 5.68 and a quick ratio of 0.48. The firm has a fifty day simple moving average of GBX 889.02 and a 200 day simple moving average of GBX 859.73.

Finsbury Growth & Income (LON:FGT) last posted its earnings results 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.