F&C Investment Trust (LON:FCIT) Hits New 52-Week High at $1,008.00

Shares of F&C Investment Trust PLC (LON:FCIT) hit a new 52-week high during mid-day trading on Friday . The stock traded as high as GBX 1,008 ($12.66) and last traded at GBX 1,008 ($12.66), with a volume of 391364 shares trading hands. The stock had previously closed at GBX 994 ($12.49).

F&C Investment Trust Stock Performance

The firm has a market cap of £5.12 billion, a P/E ratio of 1,550.77 and a beta of 0.62. The company has a debt-to-equity ratio of 12.13, a quick ratio of 3.92 and a current ratio of 6.03. The stock’s 50-day moving average is GBX 985.95 and its 200 day moving average is GBX 948.54.

F&C Investment Trust Increases Dividend

The firm also recently declared a dividend, which will be paid on Thursday, May 9th. Shareholders of record on Thursday, April 11th will be issued a GBX 4.50 ($0.06) dividend. This is an increase from F&C Investment Trust’s previous dividend of $3.40. This represents a dividend yield of 0.46%. The ex-dividend date is Thursday, April 11th. F&C Investment Trust’s dividend payout ratio is 2,153.85%.

Insider Activity

In other F&C Investment Trust news, insider Beatrice Hollond bought 101 shares of the stock in a transaction that occurred on Friday, March 8th. The stock was acquired at an average cost of GBX 983 ($12.35) per share, with a total value of £992.83 ($1,247.12). Insiders have acquired 203 shares of company stock worth $200,083 in the last 90 days. Corporate insiders own 0.77% 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.