F&C Investment Trust (LON:FCIT) Sets New 12-Month High After Insider Buying Activity

F&C Investment Trust (LON:FCIT)’s stock price reached a new 52-week high during mid-day trading on Wednesday following insider buying activity. The company traded as high as GBX 1,276 and last traded at GBX 1,273.45, with a volume of 618617 shares. The stock had previously closed at GBX 1,266.

Specifically, insider Rain Newton Smith bought 78 shares of F&C Investment Trust stock in a transaction on Monday, February 9th. The stock was acquired at an average price of GBX 1,264 per share, with a total value of £985.92. Also, insider Beatrice Hollond acquired 78 shares of the business’s stock in a transaction that occurred on Monday, February 9th. The shares were bought at an average price of GBX 1,264 per share, with a total value of £985.92.

F&C Investment Trust Price Performance

The firm has a market capitalization of £5.99 billion, a P/E ratio of 17.51 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. The stock’s fifty day simple moving average is GBX 1,248.86 and its 200 day simple moving average is GBX 1,211.65.

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.