Finsbury Growth & Income (LON:FGT) Sets New 52-Week High – What’s Next?

Finsbury Growth & Income (LON:FGTGet Free Report) shares hit a new 52-week high during trading on Thursday . The company traded as high as GBX 900 ($11.18) and last traded at GBX 897.80 ($11.15), with a volume of 128853 shares changing hands. The stock had previously closed at GBX 895 ($11.12).

Finsbury Growth & Income Stock Down 0.7 %

The firm has a 50-day simple moving average of GBX 875.32 and a 200 day simple moving average of GBX 854.64. The stock has a market capitalization of £1.65 billion, a P/E ratio of 1,474.34 and a beta of 0.52. The company has a debt-to-equity ratio of 2.01, a current ratio of 5.68 and a quick ratio of 0.48.

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.

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