Insider Buying: F&C Investment Trust (LON:FCIT) Insider Buys 300 Shares of Stock

Key Points

• Rain Newton Smith, an insider at F&C Investment Trust, bought 300 shares on May 11 for about £993 at GBX 331 per share.
• This follows two earlier insider purchases by Smith in April and March, suggesting a pattern of buying over recent months.
• F&C Investment Trust’s shares were trading sharply lower at GBX 329, near their 52-week low, while the company reported GBX 4.49 EPS in its latest earnings release.

F&C Investment Trust (LON:FCIT - Get Free Report) insider Rain Newton Smith purchased 300 shares of the business's stock in a transaction on Monday, May 11th. The shares were purchased at an average cost of GBX 331 per share, for a total transaction of £993.

Rain Newton Smith also recently made the following trade(s):

• On Friday, April 10th, Rain Newton Smith purchased 308 shares of F&C Investment Trust stock. The shares were acquired at an average price of GBX 320.25 per share, with a total value of £986.37.
• On Monday, March 9th, Rain Newton Smith acquired 328 shares of F&C Investment Trust stock. The stock was acquired at an average cost of GBX 300.50 per share, with a total value of £985.64.

F&C Investment Trust Trading Down 75.1%

Shares of LON:FCIT traded down GBX 989.76 during midday trading on Monday, reaching GBX 329. The company's stock had a trading volume of 1,136,485 shares, compared to its average volume of 1,180,864. F&C Investment Trust has a fifty-two week low of GBX 326.65 and a fifty-two week high of GBX 1,332. The company has a debt-to-equity ratio of 9.42, a quick ratio of 3.92 and a current ratio of 2.66. The firm has a 50 day moving average price of GBX 1,254.84 and a two-hundred day moving average price of GBX 1,245.79. The firm has a market capitalization of £1.55 billion, a price-to-earnings ratio of 2.37 and a beta of 0.80.

F&C Investment Trust (LON:FCIT - Get Free Report) last released its earnings results on Monday, March 16th. The company reported GBX 4.49 EPS for the quarter. F&C Investment Trust had a return on equity of 11.28% and a net margin of 90.89%.

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.

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