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Finsbury Growth & Income (LON:FGT) Reaches New 52-Week 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 mid-day trading on Thursday . The stock traded as high as GBX 900 ($11.14) and last traded at GBX 897.80 ($11.11), with a volume of 128853 shares traded. The stock had previously closed at GBX 895 ($11.08).

Finsbury Growth & Income Trading Up 1.2 %

The firm has a market cap of £1.66 billion, a price-to-earnings ratio of 1,485.25 and a beta of 0.52. The business has a 50 day moving average price of GBX 874.55 and a 200-day moving average price of GBX 854.33. The company has a quick ratio of 0.48, a current ratio of 5.68 and a debt-to-equity ratio of 2.01.

Finsbury Growth & Income Company Profile

(Get Free Report)

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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