F&C Investment Trust (LON:FCIT) Stock Price Up 0.1% - Should You Buy?

Key Points

• F&C Investment Trust's shares saw a modest increase of 0.1% during trading, with the last trading price at GBX 1,167 ($15.47).
• Insider Beatrice Hollond purchased 92 shares at an average price of GBX 1,078 ($14.29), part of a total insider acquisition of 287 shares valued at $315,296 over the last 90 days.
• The company is noted for its long history, being the oldest investment trust in the world, with a strong record of increasing dividends for 54 consecutive years.

F&C Investment Trust (LON:FCIT - Get Free Report) shares shot up 0.1% during trading on Wednesday . The stock traded as high as GBX 1,170 ($15.53) and last traded at GBX 1,167 ($15.49). 219,317 shares were traded during mid-day trading, a decline of 55% from the average session volume of 484,623 shares. The stock had previously closed at GBX 1,166 ($15.48).

F&C Investment Trust Stock Down 1.7%

The business has a 50 day moving average of GBX 1,115.84 and a two-hundred day moving average of GBX 1,106.95. The stock 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 (LON:FCIT - Get Free Report) last issued its quarterly earnings data on Friday, August 1st. The company reported GBX 10.47 ($0.14) earnings per share (EPS) for the quarter. F&C Investment Trust had a net margin of 95.33% and a return on equity of 18.50%.

Insiders Place Their Bets

In related news, insider Beatrice Hollond acquired 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 ($14.88) per share, for a total transaction of £986.48 ($1,309.37). Insiders bought a total of 287 shares of company stock valued at $315,296 over the last three months. 0.76% of the stock is currently owned by company insiders.

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.