Finsbury Growth & Income (LON:FGT) Sets New 1-Year High – Here’s What Happened

Finsbury Growth & Income (LON:FGT) shares reached a new 52-week high on Wednesday . The company traded as high as GBX 931 ($11.50) and last traded at GBX 931 ($11.50), with a volume of 690231 shares changing hands. The stock had previously closed at GBX 925 ($11.43).

Finsbury Growth & Income Stock Performance

The business’s 50-day simple moving average is GBX 890.78 and its two-hundred day simple moving average is GBX 860.36. The company has a quick ratio of 0.48, a current ratio of 5.68 and a debt-to-equity ratio of 2.01. The firm has a market cap of £1.72 billion, a price-to-earnings ratio of 1,537.05 and a beta of 0.52.

Finsbury Growth & Income (LON:FGT) last released its quarterly earnings results on Wednesday, December 4th. The investment trust reported GBX 20.80 ($0.26) earnings per share for the quarter. Finsbury Growth & Income had a return on equity of 7.05% and a net margin of 89.62%.

Finsbury Growth & Income Company Profile

The Company was founded in 1926 and Nick Train has managed the portfolio since his firm, Lindsell Train, was appointed as Portfolio Manager in 2000. Finsbury Growth & Income Trust PLC (“the Company”) invests principally in the securities of UK listed companies, whilst up to a maximum of 20% of the Company’s portfolio, at the time of acquisition, can be invested in quoted companies outside of the UK.