Finsbury Growth & Income (LON:FGT) Share Price Passes Below 200-Day Moving Average – Here’s What Happened

Shares of Finsbury Growth & Income (LON:FGTGet Free Report) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 885.30 ($11.43) and traded as low as GBX 880 ($11.36). Finsbury Growth & Income shares last traded at GBX 880 ($11.36), with a volume of 249,208 shares traded.

Finsbury Growth & Income Stock Down 1.0 %

The company’s fifty day moving average is GBX 923.09 and its two-hundred day moving average is GBX 885.58. The stock has a market cap of £1.31 billion, a price-to-earnings ratio of 14.49 and a beta of 0.52.

About Finsbury Growth & Income

(Get Free Report)

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.

See Also

Receive News & Ratings for Finsbury Growth & Income Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Finsbury Growth & Income and related companies with MarketBeat.com's FREE daily email newsletter.