F&C Investment Trust (LON:FCIT) Posts Quarterly Earnings Results

Key Points

• F&C Investment Trust reported earnings per share of GBX 10.47 ($0.14) for the quarter, with a remarkable net margin of 95.33% and a return on equity of 18.50%.
• The company's stock price decreased by GBX 20 ($0.26), closing at GBX 1,158 ($15.30), with a market capitalization of £5.60 billion.
• Insider Beatrice Hollond purchased 92 shares of F&C Investment Trust on May 9th at an average cost of GBX 1,078 ($14.24), contributing to a total insider purchase of 287 shares worth $315,296 in the past three months.

F&C Investment Trust (LON:FCIT - ) released its quarterly earnings data on Friday. The company reported GBX 10.47 ($0.14) earnings per share for the quarter, Digital Look Earnings reports. F&C Investment Trust had a net margin of 95.33% and a return on equity of 18.50%.

F&C Investment Trust Stock Performance

LON FCIT traded down GBX 20 ($0.26) on Friday, reaching GBX 1,158 ($15.30). 11,528,931 shares of the company's stock traded hands, compared to its average volume of 557,905. The firm has a market cap of £5.60 billion, a price-to-earnings ratio of 6.00 and a beta of 0.62. The stock has a 50 day moving average price of GBX 1,112.14 and a 200-day moving average price of GBX 1,106.74. F&C Investment Trust has a fifty-two week low of GBX 900.75 ($11.90) and a fifty-two week high of GBX 1,202.67 ($15.89). The company has a debt-to-equity ratio of 10.50, a quick ratio of 3.92 and a current ratio of 2.81.

Insider Transactions at F&C Investment Trust

In other F&C Investment Trust news, insider Beatrice Hollond bought 92 shares of the firm's stock in a transaction that occurred on Friday, May 9th. The stock was bought at an average cost of GBX 1,078 ($14.24) per share, for a total transaction of £991.76 ($1,310.12). Insiders have acquired 287 shares of company stock worth $315,296 in the last three months. Insiders own 0.76% of the company's stock.

F&C Investment Trust Company Profile

F&C Investment Trust was founded in 1868 to bring the benefits of investing to a wider audience, we're the oldest investment trust in the world. F&C aims to provide a reliable foundation to deliver steady, long-term capital growth and a health dividend income. F&C has delivered increasing dividends for 54 years and is classified by the Association of Investment Companies (AIC) as a Dividend Hero. The value of investments and any income from them can go down as well as up and you may not get back the original amount invested.

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