F&C Investment Trust (LON:FCIT) Shares Down 0.3% - Here's Why

Key Points

• Shares down 0.3% — F&C Investment Trust fell to GBX 1,234 (low GBX 1,232) on Tuesday with ~532,056 shares traded, a 45% decline from its average daily volume.
• Valuation and recent results: the trust has a market cap of £5.83 billion and a P/E of 8.91, reported quarterly EPS of GBX 17.97, a net margin of 90.89% and ROE of 11.28%, with 50- and 200-day SMAs near GBX 1,243 and GBX 1,233, respectively.
• Insider buying and dividend track record: insiders purchased 1,652 shares in the last quarter (insiders own 0.13%); the trust has increased dividends for 54 years and is classified as a Dividend Hero.

F&C Investment Trust (LON:FCIT - Get Free Report) shares dropped 0.3% on Tuesday . The company traded as low as GBX 1,232 and last traded at GBX 1,234. Approximately 532,056 shares traded hands during mid-day trading, a decline of 45% from the average daily volume of 971,151 shares. The stock had previously closed at GBX 1,238.

F&C Investment Trust Stock Performance

The company has a market cap of £5.83 billion, a price-to-earnings ratio of 8.91 and a beta of 0.37. The stock's fifty day simple moving average is GBX 1,243.28 and its two-hundred day simple moving average is GBX 1,232.95. The company has a debt-to-equity ratio of 9.42, a quick ratio of 3.92 and a current ratio of 2.66.

F&C Investment Trust (LON:FCIT - Get Free Report) last announced its quarterly earnings results on Monday, March 16th. The company reported GBX 17.97 earnings per share for the quarter. F&C Investment Trust had a net margin of 90.89% and a return on equity of 11.28%.

Insider Buying and Selling at F&C Investment Trust

In related news, insider Beatrice Hollond purchased 82 shares of the firm's stock in a transaction on Monday, March 9th. The shares were bought at an average price of GBX 1,202 per share, for a total transaction of £985.64. Also, insider Stephen Russell purchased 1,176 shares of the firm's stock in a transaction on Wednesday, January 7th. The stock was bought at an average price of GBX 1,268 per share, for a total transaction of £14,911.68. Insiders have purchased a total of 1,652 shares of company stock worth $2,082,508 in the last quarter. 0.13% of the stock is owned by insiders.

About F&C Investment Trust

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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