Finsbury Growth & Income (LON:FGT) Stock Passes Above 50-Day Moving Average – Time to Sell?

Finsbury Growth & Income (LON:FGTGet Free Report) shares crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 914.49 ($11.49) and traded as high as GBX 953.23 ($11.98). Finsbury Growth & Income shares last traded at GBX 950 ($11.94), with a volume of 213,891 shares.

Finsbury Growth & Income Stock Performance

The company has a 50 day moving average of GBX 914.49 and a 200 day moving average of GBX 872.17. The stock has a market capitalization of £1.41 billion, a price-to-earnings ratio of 15.60 and a beta of 0.52.

Finsbury Growth & Income (LON:FGTGet Free Report) last posted its quarterly earnings data 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 return on equity of 6.50% and a net margin of 89.28%.

About Finsbury Growth & Income

(Get Free Report)

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.

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