Finsbury Growth & Income Trust (LON:FGT) Stock Crosses Above Fifty Day Moving Average of $851.96

Shares of Finsbury Growth & Income Trust PLC (LON:FGTGet Rating) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 851.96 ($10.40) and traded as high as GBX 864 ($10.54). Finsbury Growth & Income Trust shares last traded at GBX 861 ($10.51), with a volume of 457,615 shares trading hands.

Finsbury Growth & Income Trust Stock Down 0.3 %

The firm has a market cap of £1.83 billion and a P/E ratio of 1,757.14. The company has a debt-to-equity ratio of 2.01, a current ratio of 0.48 and a quick ratio of 0.48. The company’s 50-day simple moving average is GBX 851.96 and its 200 day simple moving average is GBX 832.85.

Insider Activity

In other news, insider Simon Hayes bought 4,075 shares of Finsbury Growth & Income Trust stock in a transaction dated Wednesday, January 4th. The shares were acquired at an average price of GBX 855 ($10.43) per share, with a total value of £34,841.25 ($42,515.25).

Finsbury Growth & Income Trust Company Profile

(Get Rating)

Finsbury Growth & Income Trust PLC is a closed ended equity mutual fund launched Frostrow Capital LLP. The fund is co-managed by Lindsell Train Limited. It invests in public equity markets of the United Kingdom. The fund seeks to invest in stocks of companies operating across diversified sectors.

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