F&C Investment Trust (LON:FCIT) Shares Up 0.4%

F&C Investment Trust (LON:FCIT)’s share price shot up 0.4% during mid-day trading on Wednesday . The stock traded as high as GBX 1,044 ($13.57) and last traded at GBX 1,040 ($13.51). 358,202 shares were traded during mid-day trading, a decline of 25% from the average session volume of 475,189 shares. The stock had previously closed at GBX 1,036 ($13.46).

F&C Investment Trust Stock Performance

The firm’s 50 day moving average is GBX 1,025.96 and its 200 day moving average is GBX 1,006.74. 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 company has a market capitalization of £5.12 billion, a PE ratio of 540.63 and a beta of 0.63.

F&C Investment Trust Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, August 1st. Shareholders of record on Thursday, June 27th were given a GBX 3.60 ($0.05) dividend. This represents a dividend yield of 0.36%. The ex-dividend date was Thursday, June 27th. F&C Investment Trust’s payout ratio is 781.25%.

Insider Activity

In other F&C Investment Trust news, insider Beatrice Hollond acquired 98 shares of the company’s stock in a transaction on Monday, July 8th. The stock was acquired at an average price of GBX 1,014 ($13.18) per share, for a total transaction of £993.72 ($1,291.22). Over the last ninety days, insiders bought 117 shares of company stock valued at $118,324. Insiders own 0.75% 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.