F&C Investment Trust (LON:FCIT) Trading Down 0.4% – Time to Sell?

by · The Markets Daily

F&C Investment Trust (LON:FCIT – Get Free Report) shares fell 0.4% during mid-day trading on Wednesday . The company traded as low as GBX 331.40 and last traded at GBX 332. 1,759,432 shares were traded during trading, a decline of 65% from the average session volume of 4,969,527 shares. The stock had previously closed at GBX 333.40.

F&C Investment Trust Price Performance

The company has a market capitalization of £6.26 billion, a price-to-earnings ratio of 9.58 and a beta of 0.80. The company has a 50-day moving average price of GBX 340.82 and a 200-day moving average price of GBX 324.43. The company has a debt-to-equity ratio of 9.42, a quick ratio of 3.92 and a current ratio of 2.66.

Insider Activity at F&C Investment Trust

In other news, insider Rain Newton Smith bought 300 shares of the business’s stock in a transaction on Monday, May 11th. The shares were bought at an average cost of GBX 331 per share, for a total transaction of £993. Also, insider Beatrice Hollond bought 300 shares of the business’s stock in a transaction on Monday, May 11th. The stock was purchased at an average price of GBX 331 per share, for a total transaction of £993. Insiders have purchased a total of 1,482 shares of company stock worth $496,716 in the last three months. 0.13% of the stock is owned by insiders.

F&C Investment Trust Company Profile

(Get Free Report)

F&C Investment Trust was founded in 1868 to bring the benefits of investing to a wider audience, we’re the oldest investment trust in the world.
F&C aims to provide a reliable foundation to deliver steady, long-term capital growth and a health dividend income. F&C has delivered increasing dividends for 54 years and is classified by the Association of Investment Companies (AIC) as a Dividend Hero.

The value of investments and any income from them can go down as well as up and you may not get back the original amount invested.

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