F&C Investment Trust (LON:FCIT) Sets New 52-Week High – Time to Buy?

F&C Investment Trust (LON:FCIT)’s share price reached a new 52-week high during trading on Friday . The stock traded as high as GBX 1,122 ($14.07) and last traded at GBX 1,120.93 ($14.05), with a volume of 267753 shares. The stock had previously closed at GBX 1,108 ($13.89).

F&C Investment Trust Stock Performance

The firm has a fifty day moving average of GBX 1,058.71 and a 200 day moving average of GBX 1,034.78. The company has a debt-to-equity ratio of 10.50, a current ratio of 2.81 and a quick ratio of 3.92. The stock has a market capitalization of £5.50 billion, a price-to-earnings ratio of 584.38 and a beta of 0.62.

F&C Investment Trust Announces Dividend

The company also recently disclosed a dividend, which will be paid on Monday, February 3rd. Stockholders of record on Thursday, January 2nd will be paid a dividend of GBX 3.60 ($0.05) per share. The ex-dividend date is Thursday, January 2nd. This represents a dividend yield of 0.34%. F&C Investment Trust’s payout ratio is 781.25%.

Insider Activity at F&C Investment Trust

In other F&C Investment Trust news, insider Beatrice Hollond purchased 90 shares of F&C Investment Trust stock in a transaction that occurred on Friday, November 8th. The stock was bought at an average price of GBX 1,094 ($13.71) per share, with a total value of £984.60 ($1,234.30). Company insiders own 0.76% of the company’s stock.

F&C Investment Trust Company Profile

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.