Finsbury Growth & Income (LON:FGT) Share Price Passes Above Fifty Day Moving Average of $840.91

Finsbury Growth & Income (LON:FGT)’s stock price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 840.91 ($11.11) and traded as high as GBX 860 ($11.36). Finsbury Growth & Income shares last traded at GBX 852 ($11.25), with a volume of 1,553,198 shares traded.

Finsbury Growth & Income Stock Performance

The company has a current ratio of 5.68, a quick ratio of 0.48 and a debt-to-equity ratio of 2.01. The business’s fifty day simple moving average is GBX 840.91 and its 200-day simple moving average is GBX 842.16. The firm has a market cap of £1.56 billion, a P/E ratio of 1,396.72 and a beta of 0.52.

Insider Buying and Selling at Finsbury Growth & Income

In other Finsbury Growth & Income news, insider Pars Purewal bought 17,802 shares of Finsbury Growth & Income stock in a transaction on Monday, July 1st. The stock was acquired at an average cost of GBX 838 ($11.07) per share, with a total value of £149,180.76 ($197,068.38). 5.83% of the stock is owned by corporate insiders.

Finsbury Growth & Income Company Profile

Finsbury Growth & Income Trust PLC is a closed ended equity mutual fund launched Frostrow Capital LLP. The fund is co-managed by Lindsell Train Limited. It invests in public equity markets of the United Kingdom. The fund seeks to invest in stocks of companies operating across diversified sectors.