F&C Investment Trust (LON:FCIT) Shares Up 0.1% – Time to Buy?

F&C Investment Trust (LON:FCITGet Free Report) was up 0.1% during trading on Wednesday . The company traded as high as GBX 340.80 and last traded at GBX 338.80. Approximately 1,803,838 shares traded hands during trading, a decline of 65% from the average daily volume of 5,081,318 shares. The stock had previously closed at GBX 338.40.

F&C Investment Trust Stock Down 0.9%

The company has a quick ratio of 3.92, a current ratio of 1.94 and a debt-to-equity ratio of 9.03. The firm has a market cap of £6.35 billion, a PE ratio of 4.48 and a beta of 0.74. The firm’s 50 day moving average is GBX 339.92 and its 200-day moving average is GBX 331.06.

F&C Investment Trust (LON:FCITGet Free Report) last issued its quarterly earnings results on Monday, August 3rd. The company reported GBX 2.84 earnings per share for the quarter. F&C Investment Trust had a return on equity of 22.14% and a net margin of 103.67%.

Insider Activity

In related news, insider Rain Newton Smith purchased 294 shares of the company’s stock in a transaction that occurred on Wednesday, July 8th. The stock was purchased at an average price of GBX 338 per share, with a total value of £993.72. Also, insider Beatrice Hollond purchased 294 shares of the business’s stock in a transaction on Wednesday, July 8th. The shares were bought at an average cost of GBX 338 per share, for a total transaction of £993.72. Corporate insiders own 0.13% of the company’s stock.

About F&C Investment Trust

(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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