F&C Investment Trust (LON:FCIT) Hits New 1-Year High – Should You Buy?

Shares of F&C Investment Trust (LON:FCIT) reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 1,178 ($14.50) and last traded at GBX 1,176.51 ($14.48), with a volume of 82295 shares trading hands. The stock had previously closed at GBX 1,176 ($14.48).

F&C Investment Trust Price Performance

The firm has a market cap of £5.80 billion, a P/E ratio of 616.67 and a beta of 0.62. The company has a debt-to-equity ratio of 10.50, a current ratio of 2.81 and a quick ratio of 3.92. The company’s 50-day moving average is GBX 1,128.48 and its two-hundred day moving average is GBX 1,069.32.

F&C Investment Trust Announces Dividend

The company also recently declared a dividend, which will be paid on Monday, February 3rd. Investors of record on Thursday, January 2nd will be given a dividend of GBX 3.60 ($0.04) per share. The ex-dividend date is Thursday, January 2nd. This represents a dividend yield of 0.34%. F&C Investment Trust’s dividend payout ratio is 781.25%.

Insider Activity at F&C Investment Trust

In other F&C Investment Trust news, insider Beatrice Hollond acquired 87 shares of F&C Investment Trust stock in a transaction that occurred on Thursday, January 9th. The shares were acquired at an average cost of GBX 1,136 ($13.98) per share, with a total value of £988.32 ($1,216.69). Insiders have bought 185 shares of company stock valued at $206,436 over the last three months. 0.76% of the stock is owned by insiders.

F&C Investment Trust Company Profile

Launched in 1868, the Trust is the world’s oldest collective investment scheme and has since gone on to amass an impressive track record and grow into one of the largest of its kind. Its aim is to generate long-term growth and income by investing primarily in an international portfolio of listed equities.