F&C Investment Trust (LON:FCIT) Hits New 1-Year High - Here's Why

Shares of F&C Investment Trust (LON:FCIT - Get Free Report) reached a new 52-week high on Tuesday . The stock traded as high as GBX 1,178 ($14.53) and last traded at GBX 1,176.51 ($14.51), with a volume of 82295 shares. The stock had previously closed at GBX 1,176 ($14.50).

F&C Investment Trust Trading Up 0.3 %

The business has a 50 day simple moving average of GBX 1,125.44 and a 200-day simple moving average of GBX 1,066.85. The stock has a market capitalization of £5.78 billion, a price-to-earnings ratio of 614.58 and a beta of 0.62. The company has a debt-to-equity ratio of 10.50, a current ratio of 2.81 and a quick ratio of 3.92.

F&C Investment Trust Announces Dividend

The firm also recently announced a dividend, which will be paid on Monday, February 3rd. Investors of record on Thursday, January 2nd will be paid a dividend of GBX 3.60 ($0.04) per share. The ex-dividend date is Thursday, January 2nd. This represents a yield of 0.34%. F&C Investment Trust's payout ratio is 781.25%.

Insider Buying and Selling

In other F&C Investment Trust news, insider Beatrice Hollond acquired 87 shares of the stock in a transaction dated Thursday, January 9th. The shares were bought at an average cost of GBX 1,136 ($14.01) per share, for a total transaction of £988.32 ($1,218.64). Insiders have purchased a total of 185 shares of company stock worth $206,436 over the last ninety days. Company insiders own 0.76% of the company's stock.

About F&C Investment Trust

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.