F&C Investment Trust (LON:FCIT) Shares Up 0.5% – Here’s Why

Posted by ABMN Staff on Dec 27th, 2024

Shares of F&C Investment Trust (LON:FCIT – Get Free Report) rose 0.5% during trading on Wednesday . The stock traded as high as GBX 1,122 ($14.06) and last traded at GBX 1,118 ($14.01). Approximately 137,776 shares were traded during mid-day trading, a decline of 74% from the average daily volume of 534,311 shares. The stock had previously closed at GBX 1,112 ($13.93).

F&C Investment Trust Stock Performance

The company has a quick ratio of 3.92, a current ratio of 2.81 and a debt-to-equity ratio of 10.50. The business has a 50 day moving average of GBX 1,100.79 and a 200 day moving average of GBX 1,051.20. The company has a market capitalization of £5.49 billion, a P/E ratio of 583.33 and a beta of 0.62.

F&C Investment Trust Dividend Announcement

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

Insider Transactions at F&C Investment Trust

In other news, insider Beatrice Hollond bought 90 shares of the company’s stock in a transaction that occurred on Friday, November 8th. The shares were purchased at an average price of GBX 1,094 ($13.71) per share, for a total transaction of £984.60 ($1,233.83). Corporate insiders own 0.76% of the company’s stock.

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.