F&C Investment Trust (LON:FCIT) Trading Up 0.1% – Still a Buy?

Shares of F&C Investment Trust (LON:FCIT) were up 0.1% during trading on Wednesday . The company traded as high as GBX 340.80 and last traded at GBX 338.80. 1,803,838 shares were traded during mid-day trading, a decline of 65% from the average session volume of 5,081,318 shares. The stock had previously closed at GBX 338.40.

F&C Investment Trust Price Performance

The company has a debt-to-equity ratio of 9.03, a quick ratio of 3.92 and a current ratio of 1.94. The stock’s 50 day simple moving average is GBX 339.89 and its two-hundred day simple moving average is GBX 330.91. The firm has a market capitalization of £6.34 billion, a PE ratio of 4.47 and a beta of 0.74.

F&C Investment Trust (LON:FCIT) last posted its quarterly earnings results on Monday, August 3rd. The company reported GBX 2.84 earnings per share (EPS) for the quarter. F&C Investment Trust had a return on equity of 22.14% and a net margin of 103.67%.

Insiders Place Their Bets

In related news, insider Beatrice Hollond acquired 294 shares of the stock in a transaction on Wednesday, July 8th. The shares were bought at an average price of GBX 338 per share, with a total value of £993.72. Also, insider Rain Newton Smith bought 294 shares of the company’s stock in a transaction on Wednesday, July 8th. The stock was bought at an average price of GBX 338 per share, with a total value of £993.72. 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.