Finsbury Growth & Income (LON:FGT) Hits New 12-Month High – Here’s What Happened

Finsbury Growth & Income (LON:FGT)’s stock price hit a new 52-week high during trading on Thursday . The company traded as high as GBX 906 ($11.20) and last traded at GBX 906 ($11.20), with a volume of 607742 shares traded. The stock had previously closed at GBX 898 ($11.10).

Finsbury Growth & Income Price Performance

The company has a debt-to-equity ratio of 2.01, a quick ratio of 0.48 and a current ratio of 5.68. The stock has a 50 day moving average of GBX 877.10 and a 200-day moving average of GBX 855.44. The company has a market cap of £1.66 billion, a PE ratio of 1,485.25 and a beta of 0.52.

Finsbury Growth & Income Company Profile

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.