F&C Investment Trust (LON:FCIT) Stock Price Down 2.3% - Time to Sell?

Shares of F&C Investment Trust (LON:FCIT - Get Free Report) were down 2.3% during mid-day trading on Tuesday . The stock traded as low as GBX 1,097.15 ($14.19) and last traded at GBX 1,098 ($14.20). Approximately 9,220,589 shares traded hands during mid-day trading, an increase of 996% from the average daily volume of 841,480 shares. The stock had previously closed at GBX 1,124 ($14.54).

F&C Investment Trust Price Performance

The company has a debt-to-equity ratio of 10.50, a current ratio of 2.81 and a quick ratio of 3.92. The stock has a market capitalization of £5.35 billion, a P/E ratio of 5.73 and a beta of 0.62. The stock's fifty day moving average is GBX 1,157.68 and its 200-day moving average is GBX 1,101.92.

F&C Investment Trust Announces Dividend

The business also recently declared a dividend, which was paid on Monday, February 3rd. Stockholders of record on Thursday, January 2nd were paid a dividend of GBX 3.60 ($0.05) per share. The ex-dividend date of this dividend was Thursday, January 2nd. This represents a dividend yield of 0.34%. F&C Investment Trust's dividend payout ratio (DPR) is presently 7.77%.

Insider Activity

In other news, insider Beatrice Hollond purchased 87 shares of the firm's stock in a transaction on Thursday, January 9th. The stock was bought at an average cost of GBX 1,136 ($14.69) per share, for a total transaction of £988.32 ($1,278.39). In the last quarter, insiders have purchased 103 shares of company stock valued at $117,336. 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.