F&C Investment Trust (LON:FCIT) Reaches New 12-Month High – Here’s Why

F&C Investment Trust (LON:FCIT) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 1,150 ($14.07) and last traded at GBX 1,150 ($14.07), with a volume of 320052 shares changing hands. The stock had previously closed at GBX 1,132 ($13.85).

F&C Investment Trust Price Performance

The firm has a market cap of £5.77 billion, a P/E ratio of 613.54 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 1,122.44 and its two-hundred day moving average is GBX 1,064.45.

F&C Investment Trust Announces Dividend

The business also recently disclosed 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. This represents a yield of 0.34%. The ex-dividend date of this dividend is Thursday, January 2nd. F&C Investment Trust’s dividend payout ratio is 781.25%.

Insider Activity

In related news, insider Beatrice Hollond bought 90 shares of F&C Investment Trust stock in a transaction that occurred on Friday, November 8th. The shares were acquired at an average cost of GBX 1,094 ($13.39) per share, for a total transaction of £984.60 ($1,204.70). In the last ninety days, insiders bought 185 shares of company stock worth $206,436. Insiders own 0.76% of the company’s stock.

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.