Free Trial

Finsbury Growth & Income (LON:FGT) Shares Pass Below 50 Day Moving Average - Time to Sell?

Finsbury Growth & Income logo with Finance background

Finsbury Growth & Income (LON:FGT - Get Free Report) shares passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 909.53 ($12.42) and traded as low as GBX 901 ($12.30). Finsbury Growth & Income shares last traded at GBX 906.88 ($12.38), with a volume of 514,049 shares trading hands.

Finsbury Growth & Income Trading Up 1.1%

The company has a market cap of £1.35 billion, a P/E ratio of 14.89 and a beta of 0.52. The firm has a 50 day moving average of GBX 909.53 and a 200-day moving average of GBX 904.34.

Finsbury Growth & Income (LON:FGT - Get Free Report) last released its quarterly earnings data on Thursday, May 29th. The investment trust reported GBX 7.60 ($0.10) earnings per share (EPS) for the quarter. Finsbury Growth & Income had a net margin of 89.28% and a return on equity of 6.50%.

About Finsbury Growth & Income

(Get Free Report)

The Company was founded in 1926 and Nick Train has managed the portfolio since his firm, Lindsell Train, was appointed as Portfolio Manager in 2000. Finsbury Growth & Income Trust PLC (“the Company”) invests principally in the securities of UK listed companies, whilst up to a maximum of 20% of the Company's portfolio, at the time of acquisition, can be invested in quoted companies outside of the UK.

Recommended Stories

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Finsbury Growth & Income Right Now?

Before you consider Finsbury Growth & Income, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Finsbury Growth & Income wasn't on the list.

While Finsbury Growth & Income currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

20 High-Yield Dividend Stocks that Could Ruin Your Retirement Cover

Almost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Cheap Growth Stocks Set to Explode This Summer
The Next NVIDIA? Quantum Computing Stocks Set for Explosive Growth
5 Stocks to BUY NOW in July 2025

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines