F&C Investment Trust (LON:FCIT) Trading Up 0.5% – Should You Buy?

F&C Investment Trust (LON:FCIT) shares rose 0.5% during trading on Wednesday . The stock traded as high as GBX 1,122 ($14.07) and last traded at GBX 1,118 ($14.02). Approximately 137,776 shares changed hands during trading, a decline of 74% from the average daily volume of 534,311 shares. The stock had previously closed at GBX 1,112 ($13.95).

F&C Investment Trust Price Performance

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 firm has a market capitalization of £5.48 billion, a price-to-earnings ratio of 582.29 and a beta of 0.62. The stock has a 50 day moving average price of GBX 1,099.59 and a two-hundred day moving average price of GBX 1,050.38.

F&C Investment Trust Announces Dividend

The firm also recently declared a dividend, which will be paid on Monday, February 3rd. Shareholders of record on Thursday, January 2nd will be paid a dividend of GBX 3.60 ($0.05) per share. The ex-dividend date is Thursday, January 2nd. This represents a yield of 0.34%. F&C Investment Trust’s dividend payout ratio (DPR) is presently 781.25%.

Insider Activity

In related news, insider Beatrice Hollond bought 90 shares of the firm’s stock in a transaction that occurred on Friday, November 8th. The stock was purchased at an average cost of GBX 1,094 ($13.72) per share, for a total transaction of £984.60 ($1,234.92). Insiders own 0.76% of the company’s stock.

About F&C Investment Trust

F&C Investment Trust PLC operates closed ended fund. Its objective is to secure long term growth in capital and income from an international investment portfolio. F&C Management Limited manages the investment portfolio of the company. The company is based in London, the United Kingdom.