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

Shares of F&C Investment Trust (LON:FCIT) reached a new 52-week high on Tuesday after an insider bought additional shares in the company. The stock traded as high as GBX 1,110 ($14.28) and last traded at GBX 1,108 ($14.26), with a volume of 418237 shares changing hands. The stock had previously closed at GBX 1,096 ($14.10).

Specifically, insider Beatrice Hollond acquired 90 shares of F&C Investment Trust stock in a transaction that occurred on Friday, November 8th. The stock was bought at an average price of GBX 1,094 ($14.08) per share, for a total transaction of £984.60 ($1,267.02).

F&C Investment Trust Stock Down 0.4 %

The company has a current ratio of 2.81, a quick ratio of 3.92 and a debt-to-equity ratio of 10.50. The stock has a market cap of £5.41 billion, a P/E ratio of 577.08 and a beta of 0.62. The company’s 50 day moving average price is GBX 1,040.47 and its two-hundred day moving average price is GBX 1,027.73.

F&C Investment Trust Dividend Announcement

The business also recently announced a dividend, which will be paid on Monday, February 3rd. Investors of record on Thursday, January 2nd will be issued a GBX 3.60 ($0.05) dividend. The ex-dividend date is Thursday, January 2nd. This represents a yield of 0.34%. F&C Investment Trust’s dividend payout ratio is currently 781.25%.

About F&C Investment Trust

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.