F&C Investment Trust (LON:FCIT) Shares Down 0.3% – Here’s Why

Shares of F&C Investment Trust (LON:FCIT) dropped 0.3% during trading on Tuesday . The company traded as low as GBX 1,232 and last traded at GBX 1,234. Approximately 532,056 shares were traded during mid-day trading, a decline of 45% from the average daily volume of 971,151 shares. The stock had previously closed at GBX 1,238.

F&C Investment Trust Stock Performance

The stock’s 50 day moving average price is GBX 1,243.28 and its 200 day moving average price is GBX 1,232.95. The company has a current ratio of 2.66, a quick ratio of 3.92 and a debt-to-equity ratio of 9.42. The firm has a market cap of £5.83 billion, a PE ratio of 8.91 and a beta of 0.37.

F&C Investment Trust (LON:FCIT) last issued its earnings results on Monday, March 16th. The company reported GBX 17.97 EPS for the quarter. F&C Investment Trust had a net margin of 90.89% and a return on equity of 11.28%.

Insider Activity

In other F&C Investment Trust news, insider Beatrice Hollond bought 82 shares of the business’s stock in a transaction dated Monday, March 9th. The shares were acquired at an average price of GBX 1,202 per share, with a total value of £985.64. Also, insider Stephen Russell bought 1,176 shares of the business’s stock in a transaction dated Wednesday, January 7th. The stock was acquired at an average cost of GBX 1,268 per share, for a total transaction of £14,911.68. In the last 90 days, insiders have acquired 1,652 shares of company stock valued at $2,082,508. Company insiders own 0.13% of the company’s stock.

About F&C Investment Trust

F&C Investment Trust was founded in 1868 to bring the benefits of investing to a wider audience, we’re the oldest investment trust in the world.
F&C aims to provide a reliable foundation to deliver steady, long-term capital growth and a health dividend income. F&C has delivered increasing dividends for 54 years and is classified by the Association of Investment Companies (AIC) as a Dividend Hero.

The value of investments and any income from them can go down as well as up and you may not get back the original amount invested.