Finsbury Growth & Income (LON:FGT) Hits New 12-Month High – Should You Buy?

Finsbury Growth & Income (LON:FGTGet Free Report) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 906 ($11.02) and last traded at GBX 906 ($11.02), with a volume of 95719 shares. The stock had previously closed at GBX 897 ($10.91).

Finsbury Growth & Income Price Performance

The company has a market cap of £1.69 billion, a P/E ratio of 1,510.21 and a beta of 0.52. The company’s 50-day moving average price is GBX 886.32 and its 200-day moving average price is GBX 858.35. 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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