F&C Investment Trust (LON:FCIT) Stock Price Down 0.4% - Should You Sell?

Shares of F&C Investment Trust (LON:FCIT - Get Free Report) traded down 0.4% during trading on Monday . The stock traded as low as GBX 1,097 ($14.65) and last traded at GBX 1,106 ($14.77). 724,936 shares changed hands during mid-day trading, an increase of 24% from the average session volume of 583,260 shares. The stock had previously closed at GBX 1,110 ($14.83).

F&C Investment Trust Trading Down 0.4%

The company has a 50 day moving average of GBX 1,052.64 and a 200 day moving average of GBX 1,108.59. The company has a current ratio of 2.81, a quick ratio of 3.92 and a debt-to-equity ratio of 10.50. The firm has a market cap of £5.35 billion, a price-to-earnings ratio of 5.73 and a beta of 0.62.

F&C Investment Trust (LON:FCIT - Get Free Report) last announced its quarterly earnings results on Tuesday, March 18th. The company reported GBX 17.01 ($0.23) EPS for the quarter. F&C Investment Trust had a return on equity of 18.50% and a net margin of 95.33%.

F&C Investment Trust Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, May 7th. Stockholders of record on Thursday, April 10th were paid a dividend of GBX 4.80 ($0.06) per share. This represents a dividend yield of 0.44%. The ex-dividend date of this dividend was Thursday, April 10th. This is a positive change from F&C Investment Trust's previous dividend of $3.60. F&C Investment Trust's dividend payout ratio is 7.77%.

Insider Activity at F&C Investment Trust

In other news, insider Beatrice Hollond acquired 92 shares of the firm's stock in a transaction that occurred on Friday, May 9th. The stock was acquired at an average cost of GBX 1,078 ($14.40) per share, for a total transaction of £991.76 ($1,324.64). 0.76% of the stock is currently owned by corporate insiders.

F&C Investment Trust Company Profile

Launched in 1868, the Trust is the world's oldest collective investment scheme and has since gone on to amass an impressive track record and grow into one of the largest of its kind. Its aim is to generate long-term growth and income by investing primarily in an international portfolio of listed equities.

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