On January 9, 2024, Rain Newton Smith, an insider at F&C Investment Trust, acquired 78 shares of the firm’s stock. The purchase was made at an average price of GBX 1,263 per share, resulting in a total transaction value of £985.14.
Following this transaction, shares of F&C Investment Trust opened at GBX 1,255 on the trading day after the purchase. The company’s stock has experienced a slight decline of 0.5% recently. In terms of financial health, F&C Investment Trust maintains a debt-to-equity ratio of 10.50, a current ratio of 2.81, and a quick ratio of 3.92.
Company Performance and Market Position
F&C Investment Trust boasts a market capitalization of £5.95 billion, alongside a price-to-earnings ratio of 17.37. The company’s shares have fluctuated over the past year, reaching a low of GBX 900.75 and a high of GBX 1,271. The stock’s 50-day simple moving average stands at GBX 1,237.24, while the 200-day simple moving average is GBX 1,195.30.
Founded in 1868, F&C Investment Trust is recognized as the oldest investment trust in the world. The organization aims to provide accessible investment opportunities, focusing on delivering steady long-term capital growth and healthy dividend income. Notably, F&C has achieved a reputation as a Dividend Hero by providing increasing dividends for over 54 years, as classified by the Association of Investment Companies (AIC).
Investors should be aware that the value of investments can fluctuate, and returns are not guaranteed. As the market continues to evolve, keeping abreast of insider transactions and company performance can provide valuable insights for potential investors.
