Free Trial

Finsbury Growth & Income (LON:FGT) Stock Price Crosses Above 50-Day Moving Average - Here's Why

Finsbury Growth & Income logo with Finance background
Remove Ads

Finsbury Growth & Income (LON:FGT - Get Free Report)'s stock price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 922.51 ($11.89) and traded as high as GBX 927 ($11.95). Finsbury Growth & Income shares last traded at GBX 926.77 ($11.94), with a volume of 582,532 shares changing hands.

Finsbury Growth & Income Stock Performance

The company's 50-day moving average price is GBX 924.70 and its 200-day moving average price is GBX 882.16. The firm has a market capitalization of £1.34 billion, a PE ratio of 14.81 and a beta of 0.52.

Finsbury Growth & Income (LON:FGT - Get Free Report) last released its quarterly earnings data on Wednesday, December 4th. The investment trust reported GBX 20.80 ($0.27) earnings per share (EPS) for the quarter. Finsbury Growth & Income had a return on equity of 6.50% and a net margin of 89.28%.

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.

Featured Stories

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

The Next 7 Blockbuster Stocks for Growth Investors Cover

Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.

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

Featured Articles and Offers

Recent Videos

3 Bank Stocks Defying Market Turmoil—Cheap Options Trades!
Time to Buy SoFi? Fintech’s Next Big Move
3 Chip Stocks Primed for a Comeback—Have They Found the Bottom?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines

Remove Ads