F&C Investment Trust (LON:FCIT) Trading Down 0.5%

Posted by Frank Smitson on May 1st, 2024

F&C Investment Trust PLC (LON:FCIT – Get Free Report) was down 0.5% during mid-day trading on Tuesday . The stock traded as low as GBX 989 ($12.42) and last traded at GBX 991 ($12.45). Approximately 490,164 shares changed hands during mid-day trading, an increase of 20% from the average daily volume of 407,136 shares. The stock had previously closed at GBX 996 ($12.51).

F&C Investment Trust Stock Performance

The business has a fifty day moving average of GBX 985.17 and a 200-day moving average of GBX 946.49. The company has a market cap of £5.03 billion, a PE ratio of 1,524.62 and a beta of 0.62. The company has a current ratio of 6.03, a quick ratio of 3.92 and a debt-to-equity ratio of 12.13.

F&C Investment Trust Increases Dividend

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

Insiders Place Their Bets

In other news, insider Beatrice Hollond acquired 101 shares of the business’s stock in a transaction on Friday, March 8th. The shares were acquired at an average cost of GBX 983 ($12.35) per share, with a total value of £992.83 ($1,247.12). In the last ninety days, insiders purchased 203 shares of company stock worth $200,083. 0.77% of the stock is currently owned by corporate insiders.

F&C Investment Trust Company Profile

(Get Free Report)

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.