Finsbury Growth & Income (LON:FGT) Shares Cross Below 200-Day Moving Average – Time to Sell?

Finsbury Growth & Income (LON:FGTGet Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 885.30 ($11.52) and traded as low as GBX 880 ($11.45). Finsbury Growth & Income shares last traded at GBX 880 ($11.45), with a volume of 249,208 shares trading hands.

Finsbury Growth & Income Price Performance

The firm has a market cap of £1.31 billion, a P/E ratio of 14.45 and a beta of 0.52. The stock’s 50 day moving average is GBX 923.66 and its two-hundred day moving average is GBX 885.30.

Finsbury Growth & Income Company Profile

(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.

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