F&C Investment Trust (LON:FCIT) Releases 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 - Get Free Report) announced 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 return on equity of 18.50% and a net margin of 95.33%.

F&C Investment Trust Stock Performance

FCIT stock traded up GBX 0.57 ($0.01) during midday trading on Tuesday, reaching GBX 1,158.57 ($15.40). 557,394 shares of the company's stock traded hands, compared to its average volume of 482,693. The firm has a market capitalization of £5.60 billion, a PE ratio of 6.00 and a beta of 0.62. The company has a debt-to-equity ratio of 10.50, a quick ratio of 3.92 and a current ratio of 2.81. F&C Investment Trust has a 52 week low of GBX 900.75 ($11.97) and a 52 week high of GBX 1,202.67 ($15.98). The company has a 50-day moving average price of GBX 1,117.62 and a two-hundred day moving average price of GBX 1,106.43.

Insider Buying and Selling at F&C Investment Trust

In other news, insider Beatrice Hollond bought 88 shares of the business's stock in a transaction dated Tuesday, July 8th. The shares were purchased at an average price of GBX 1,121 ($14.90) per share, for a total transaction of £986.48 ($1,311.11). In the last three months, insiders have purchased 294 shares of company stock valued at $323,423. 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.