F&C Investment Trust (LON:FCIT) Trading 0.7% Higher Following Insider Buying Activity

F&C Investment Trust (LON:FCIT) shares traded up 0.7% on Monday after an insider bought additional shares in the company. The stock traded as high as GBX 1,219 ($16.26) and last traded at GBX 1,217 ($16.23). 17,321,490 shares traded hands during mid-day trading, an increase of 2,540% from the average session volume of 656,178 shares. The stock had previously closed at GBX 1,209 ($16.12).

Specifically, insider Rain Newton Smith bought 400 shares of F&C Investment Trust stock in a transaction dated Monday, October 27th. The stock was bought at an average price of GBX 1,213 per share, for a total transaction of £4,852.

F&C Investment Trust Price Performance

The stock has a fifty day moving average price of GBX 1,182.93 and a 200-day moving average price of GBX 1,128. The company has a market cap of £5.82 billion, a PE ratio of 16.84 and a beta of 0.62. The company has a debt-to-equity ratio of 10.50, a current ratio of 2.81 and a quick ratio of 3.92.

F&C Investment Trust (LON:FCIT) last released its earnings results on Friday, August 1st. The company reported GBX 10.47 earnings per share (EPS) for the quarter. F&C Investment Trust had a return on equity of 18.50% and a net margin of 95.33%.

F&C Investment Trust Company Profile

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.