F&C Investment Trust (LON:FCIT) Stock Price Up 0.4%

F&C Investment Trust (LON:FCIT) shares rose 0.4% during mid-day trading on Tuesday . The stock traded as high as GBX 1,030.57 ($13.61) and last traded at GBX 1,026 ($13.55). Approximately 591,531 shares changed hands during mid-day trading, an increase of 13% from the average daily volume of 525,664 shares. The stock had previously closed at GBX 1,022 ($13.50).

F&C Investment Trust Stock Up 0.4 %

The firm’s 50-day simple moving average is GBX 1,027.45 and its two-hundred day simple moving average is GBX 1,010.78. The stock has a market cap of £5.06 billion, a price-to-earnings ratio of 534.38 and a beta of 0.62. The company has a debt-to-equity ratio of 10.50, a quick ratio of 3.92 and a current ratio of 2.81.

F&C Investment Trust Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, August 1st. Investors of record on Thursday, June 27th were issued a GBX 3.60 ($0.05) dividend. This represents a yield of 0.36%. The ex-dividend date was Thursday, June 27th. F&C Investment Trust’s dividend payout ratio is 781.25%.

Insider Activity

In other F&C Investment Trust news, insider Beatrice Hollond bought 98 shares of the stock in a transaction on Monday, July 8th. The stock was purchased at an average price of GBX 1,014 ($13.39) per share, with a total value of £993.72 ($1,312.71). In related news, insider Beatrice Hollond bought 98 shares of the firm’s stock in a transaction dated Monday, July 8th. The stock was bought at an average cost of GBX 1,014 ($13.39) per share, for a total transaction of £993.72 ($1,312.71). Also, insider Julie Tankard purchased 960 shares of the business’s stock in a transaction that occurred on Friday, August 23rd. The stock was purchased at an average price of GBX 1,036 ($13.69) per share, for a total transaction of £9,945.60 ($13,138.18). In the last quarter, insiders have acquired 1,076 shares of company stock valued at $1,111,995. 0.75% of the stock is currently owned by insiders.

About F&C Investment Trust

F&C Investment Trust PLC operates closed ended fund. Its objective is to secure long term growth in capital and income from an international investment portfolio. F&C Management Limited manages the investment portfolio of the company. The company is based in London, the United Kingdom.