F&C Investment Trust (LON:FCIT) Reaches New 52-Week High – Still a Buy?

Shares of F&C Investment Trust (LON:FCIT) hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 1,196 ($14.89) and last traded at GBX 1,193.40 ($14.86), with a volume of 339418 shares changing hands. The stock had previously closed at GBX 1,182 ($14.72).

F&C Investment Trust Trading Down 0.1 %

The firm has a 50-day simple moving average of GBX 1,144.20 and a 200-day simple moving average of GBX 1,082.37. 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 stock has a market cap of £5.85 billion, a PE ratio of 621.53 and a beta of 0.62.

F&C Investment Trust Dividend Announcement

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

Insider Buying and Selling at F&C Investment Trust

In other F&C Investment Trust news, insider Beatrice Hollond purchased 87 shares of the stock in a transaction on Thursday, January 9th. The shares were purchased at an average price of GBX 1,136 ($14.15) per share, with a total value of £988.32 ($1,230.63). Insiders purchased 103 shares of company stock valued at $117,496 in the last quarter. 0.76% of the stock is currently owned by corporate 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.