F&C Investment Trust (LON:FCIT) Sets New 52-Week Low – What’s Next?

F&C Investment Trust (LON:FCIT)’s share price hit a new 52-week low during trading on Monday . The stock traded as low as GBX 900.75 ($11.51) and last traded at GBX 932.50 ($11.92), with a volume of 2177549 shares. The stock had previously closed at GBX 992.50 ($12.68).

F&C Investment Trust Stock Down 2.9 %

The company has a market cap of £4.62 billion, a P/E ratio of 4.96 and a beta of 0.62. The company has a debt-to-equity ratio of 10.50, a current ratio of 2.81 and a quick ratio of 3.92. The stock has a fifty day moving average price of GBX 1,126.27 and a two-hundred day moving average price of GBX 1,108.90.

F&C Investment Trust (LON:FCIT) last posted its quarterly earnings data on Tuesday, March 18th. The company reported GBX 17.01 ($0.22) earnings per share (EPS) for the quarter. F&C Investment Trust had a net margin of 95.33% and a return on equity of 18.50%.

F&C Investment Trust Increases Dividend

The company also recently declared a dividend, which will be paid on Wednesday, May 7th. Investors of record on Thursday, April 10th will be issued a dividend of GBX 4.80 ($0.06) per share. The ex-dividend date of this dividend is Thursday, April 10th. This is a boost from F&C Investment Trust’s previous dividend of $3.60. This represents a yield of 0.44%. F&C Investment Trust’s payout ratio is 7.77%.

Insider Buying and Selling at F&C Investment Trust

In other F&C Investment Trust news, insider Beatrice Hollond acquired 87 shares of the business’s stock in a transaction on Thursday, January 9th. The shares were acquired at an average price of GBX 1,136 ($14.52) per share, with a total value of £988.32 ($1,262.87). In the last 90 days, insiders bought 103 shares of company stock worth $117,336. Insiders own 0.76% of the company’s stock.

About F&C Investment Trust

Launched in 1868, the Trust is the world’s oldest collective investment scheme and has since gone on to amass an impressive track record and grow into one of the largest of its kind. Its aim is to generate long-term growth and income by investing primarily in an international portfolio of listed equities.