Finsbury Growth & Income (LON:FGT) Hits New 1-Year High – Here’s Why

Finsbury Growth & Income (LON:FGTGet Free Report)’s stock price reached a new 52-week high during trading on Thursday . The company traded as high as GBX 906 ($11.06) and last traded at GBX 906 ($11.06), with a volume of 607742 shares trading hands. The stock had previously closed at GBX 898 ($10.96).

Finsbury Growth & Income Stock Performance

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 stock’s 50-day moving average price is GBX 879.75 and its 200 day moving average price is GBX 856.15. The company has a market cap of £1.64 billion, a P/E ratio of 1,468.85 and a beta of 0.52.

Finsbury Growth & Income Company Profile

(Get Free Report)

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.

Further Reading

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