Free Trial

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 trading on Thursday . The stock traded as high as GBX 964 ($11.96) and last traded at GBX 962.80 ($11.94), with a volume of 84237 shares changing hands. The stock had previously closed at GBX 956 ($11.86).

Finsbury Growth & Income Price Performance

The company has a 50-day moving average of GBX 910.74 and a two-hundred day moving average of GBX 869.39. 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 £1.75 billion, a PE ratio of 1,562.30 and a beta of 0.52.

Finsbury Growth & Income (LON:FGT - Get Free Report) last announced its quarterly earnings data on Wednesday, December 4th. The investment trust reported GBX 20.80 ($0.26) earnings per share for the quarter. Finsbury Growth & Income had a net margin of 89.62% and a return on equity of 7.05%.

About Finsbury Growth & Income

(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.

Further Reading

Should You Invest $1,000 in Finsbury Growth & Income Right Now?

Before you consider Finsbury Growth & Income, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Finsbury Growth & Income wasn't on the list.

While Finsbury Growth & Income currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Beginner's Guide To Retirement Stocks Cover

Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

NVIDIA Earnings: Will it Spark a Rally or Trigger a Sell-Off?
Marjorie Taylor Greene Bought THOUSANDS in Tesla Stock
The EXACT Date of Next Stock Market Crash

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines