F&C Investment Trust (LON:FCIT) Trading Down 0.4% – Time to Sell?

Shares of F&C Investment Trust (LON:FCIT) dropped 0.4% on Wednesday . The stock traded as low as GBX 331.40 and last traded at GBX 332. Approximately 1,759,432 shares changed hands during trading, a decline of 65% from the average session volume of 4,969,527 shares. The stock had previously closed at GBX 333.40.

F&C Investment Trust Stock Down 0.4%

The firm has a fifty day simple moving average of GBX 340.82 and a 200-day simple moving average of GBX 324.43. The company has a market capitalization of £6.26 billion, a P/E ratio of 9.58 and a beta of 0.80. The company has a quick ratio of 3.92, a current ratio of 2.66 and a debt-to-equity ratio of 9.42.

Insider Activity

In other F&C Investment Trust news, insider Beatrice Hollond acquired 300 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The stock was acquired at an average cost of GBX 331 per share, for a total transaction of £993. Also, insider Rain Newton Smith acquired 300 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The stock was acquired at an average price of GBX 331 per share, with a total value of £993. Insiders have bought a total of 1,482 shares of company stock worth $496,716 in the last quarter. 0.13% of the stock is currently owned by company insiders.

About F&C Investment Trust

F&C Investment Trust was founded in 1868 to bring the benefits of investing to a wider audience, we’re the oldest investment trust in the world.
F&C aims to provide a reliable foundation to deliver steady, long-term capital growth and a health dividend income. F&C has delivered increasing dividends for 54 years and is classified by the Association of Investment Companies (AIC) as a Dividend Hero.

The value of investments and any income from them can go down as well as up and you may not get back the original amount invested.