F&C Investment Trust (LON:FCIT) Hits New 1-Year High – What’s Next?

F&C Investment Trust (LON:FCIT)’s stock price reached a new 52-week high during trading on Thursday . The company traded as high as GBX 1,128 ($14.37) and last traded at GBX 1,124 ($14.32), with a volume of 384205 shares changing hands. The stock had previously closed at GBX 1,122 ($14.29).

F&C Investment Trust Stock Up 0.2 %

The company has a market cap of £5.52 billion, a P/E ratio of 586.46 and a beta of 0.62. The company’s 50-day moving average is GBX 1,068.39 and its two-hundred day moving average is GBX 1,038.13. The company has a debt-to-equity ratio of 10.50, a current ratio of 2.81 and a quick ratio of 3.92.

F&C Investment Trust Announces Dividend

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

Insider Activity

In other news, 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 ($13.93) per share, for a total transaction of £984.60 ($1,254.11). Corporate insiders own 0.76% of the company’s stock.

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.