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Finsbury Growth & Income (LON:FGT) Hits New 12-Month High - Here's Why

Finsbury Growth & Income logo with Finance background

Finsbury Growth & Income (LON:FGT - Get Free Report)'s share price reached a new 52-week high during trading on Thursday . The stock traded as high as GBX 906 ($11.15) and last traded at GBX 906 ($11.15), with a volume of 607742 shares changing hands. The stock had previously closed at GBX 898 ($11.05).

Finsbury Growth & Income Price Performance

The company has a 50-day moving average of GBX 878.28 and a two-hundred day moving average of GBX 855.76. The company has a debt-to-equity ratio of 2.01, a current ratio of 5.68 and a quick ratio of 0.48. The stock has a market capitalization of £1.66 billion, a PE ratio of 1,485.25 and a beta of 0.52.

About Finsbury Growth & Income

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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.

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