F&C Investment Trust (LON:FCIT) Shares Up 0.5% – Should You Buy?

F&C Investment Trust (LON:FCIT)’s stock price traded up 0.5% on Wednesday . The stock traded as high as GBX 1,122 ($14.07) and last traded at GBX 1,118 ($14.02). 137,776 shares changed hands during trading, a decline of 74% from the average session volume of 534,311 shares. The stock had previously closed at GBX 1,112 ($13.95).

F&C Investment Trust Stock Up 0.5 %

The company has a quick ratio of 3.92, a current ratio of 2.81 and a debt-to-equity ratio of 10.50. The business’s 50-day moving average is GBX 1,099.59 and its 200-day moving average is GBX 1,050.38. The company has a market capitalization of £5.48 billion, a price-to-earnings ratio of 582.29 and a beta of 0.62.

F&C Investment Trust Dividend Announcement

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

Insider Transactions at F&C Investment Trust

In other news, insider Beatrice Hollond purchased 90 shares of the company’s stock in a transaction dated Friday, November 8th. The stock was acquired at an average price of GBX 1,094 ($13.72) per share, with a total value of £984.60 ($1,234.92). 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.