F&C Investment Trust (LON:FCIT) Reaches New 12-Month High – What’s Next?

F&C Investment Trust (LON:FCIT) shares reached a new 52-week high on Monday . The stock traded as high as GBX 1,070 ($13.97) and last traded at GBX 1,064.92 ($13.91), with a volume of 7947249 shares traded. The stock had previously closed at GBX 1,068 ($13.95).

F&C Investment Trust Stock Down 0.3 %

The stock has a fifty day moving average of GBX 1,030.87 and a 200-day moving average of GBX 1,019.24. The firm has a market capitalization of £5.22 billion, a price-to-earnings ratio of 553.71 and a beta of 0.62. The company has a current ratio of 2.81, a quick ratio of 3.92 and a debt-to-equity ratio of 10.50.

F&C Investment Trust Announces Dividend

The business also recently declared a dividend, which will be paid on Friday, November 1st. Investors of record on Thursday, October 3rd will be paid a GBX 3.60 ($0.05) dividend. The ex-dividend date is Thursday, October 3rd. This represents a yield of 0.35%. F&C Investment Trust’s dividend payout ratio is currently 781.25%.

Insider Buying and Selling at F&C Investment Trust

In other news, insider Julie Tankard purchased 960 shares of F&C Investment Trust stock in a transaction that occurred on Friday, August 23rd. The stock was acquired at an average price of GBX 1,036 ($13.53) per share, for a total transaction of £9,945.60 ($12,987.20). Over the last ninety days, insiders bought 978 shares of company stock valued at $1,012,623. 0.76% of the stock is currently owned by corporate 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.