Insider Buying: F&C Investment Trust (LON:FCIT) Insider Buys 82 Shares of Stock

Key Points

• Insider Rain Newton Smith purchased 82 shares of F&C Investment Trust at an average cost of GBX 1,210 per share, totaling approximately £992.20.
• F&C Investment Trust stock recently traded at GBX 1,217 with a trading volume of 504,508 shares, compared to its average of 566,652.
• The company reported earnings of GBX 10.47 per share for the latest quarter and has a return on equity of 18.50% with a net margin of 95.33%.

F&C Investment Trust (LON:FCIT - Get Free Report) insider Rain Newton Smith purchased 82 shares of the stock in a transaction dated Wednesday, October 8th. The shares were acquired at an average cost of GBX 1,210 per share, for a total transaction of £992.20.

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

• On Monday, September 8th, Rain Newton Smith purchased 85 shares of F&C Investment Trust stock. The shares were acquired at an average cost of GBX 1,163 per share, for a total transaction of £988.55.

F&C Investment Trust Stock Performance

FCIT stock traded up GBX 9 during trading on Wednesday, reaching GBX 1,217. The stock had a trading volume of 504,508 shares, compared to its average volume of 566,652. F&C Investment Trust has a 52 week low of GBX 900.75 and a 52 week high of GBX 1,219. The stock's 50 day moving average is GBX 1,173.08 and its two-hundred day moving average is GBX 1,112.68. 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 £5.82 billion, a PE ratio of 1,684.43 and a beta of 0.62.

F&C Investment Trust (LON:FCIT - Get Free Report) last posted its earnings results on Friday, August 1st. The company reported GBX 10.47 earnings per share for the quarter. F&C Investment Trust had a return on equity of 18.50% and a net margin of 95.33%.

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.

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.