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Finsbury Growth & Income (LON:FGT) Shares Pass Above 50 Day Moving Average - What's Next?

Finsbury Growth & Income logo with Finance background

Finsbury Growth & Income (LON:FGT - Get Free Report)'s share price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 847.44 ($11.00) and traded as high as GBX 849 ($11.02). Finsbury Growth & Income shares last traded at GBX 849 ($11.02), with a volume of 1,025,702 shares trading hands.

Finsbury Growth & Income Price Performance

The stock has a fifty day simple moving average of GBX 847.58 and a 200-day simple moving average of GBX 841.24. The company has a market capitalization of £1.55 billion, a PE ratio of 1,381.97 and a beta of 0.52. The company has a current ratio of 5.68, a quick ratio of 0.48 and a debt-to-equity ratio of 2.01.

Finsbury Growth & Income Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, November 8th. Investors of record on Thursday, October 3rd will be paid a dividend of GBX 10.80 ($0.14) per share. This is a boost from Finsbury Growth & Income's previous dividend of $8.80. The ex-dividend date is Thursday, October 3rd. This represents a yield of 1.27%. Finsbury Growth & Income's payout ratio is presently 3,114.75%.

Finsbury Growth & Income Company Profile

(Get Free Report)

Finsbury Growth & Income Trust PLC is a closed ended equity mutual fund launched Frostrow Capital LLP. The fund is co-managed by Lindsell Train Limited. It invests in public equity markets of the United Kingdom. The fund seeks to invest in stocks of companies operating across diversified sectors.

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