Finsbury Growth & Income (LON:FGT) Hits New 52-Week High – Should You Buy?

Finsbury Growth & Income (LON:FGTGet Free Report)’s stock price hit a new 52-week high during trading on Thursday . The stock traded as high as GBX 964 ($11.96) and last traded at GBX 962.80 ($11.94), with a volume of 84237 shares trading hands. The stock had previously closed at GBX 956 ($11.86).

Finsbury Growth & Income Stock Down 0.8 %

The company has a current ratio of 5.68, a quick ratio of 0.48 and a debt-to-equity ratio of 2.01. The firm has a market cap of £1.75 billion, a P/E ratio of 1,562.30 and a beta of 0.52. The stock’s fifty day moving average is GBX 909.34 and its two-hundred day moving average is GBX 868.81.

Finsbury Growth & Income (LON:FGTGet Free Report) last released its quarterly earnings results on Wednesday, December 4th. The investment trust reported GBX 20.80 ($0.26) earnings per share for the quarter. Finsbury Growth & Income had a net margin of 89.62% and a return on equity of 7.05%.

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.

Further Reading

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