Foreign & Colonial Investment Trust PLC (FRCL) Hits New 12-Month High After Insider Buying Activity

Foreign & Colonial Investment Trust PLC (LON:FRCL) shares reached a new 52-week high during trading on Wednesday following insider buying activity. The company traded as high as GBX 668 ($9.06) and last traded at GBX 664 ($9.00), with a volume of 173831 shares. The stock had previously closed at GBX 664 ($9.00).

Specifically, insider Jeffrey Hewitt bought 74 shares of the company’s stock in a transaction on Tuesday, January 9th. The shares were bought at an average price of GBX 667 ($9.05) per share, for a total transaction of £493.58 ($669.35). Insiders have acquired a total of 105 shares of company stock worth $69,048 in the last quarter.

The stock has a market capitalization of $3,600.00 and a P/E ratio of 5.11.

The firm also recently declared a dividend, which will be paid on Thursday, February 1st. Shareholders of record on Thursday, January 4th will be paid a dividend of GBX 2.70 ($0.04) per share. This represents a dividend yield of 0.43%. The ex-dividend date of this dividend is Thursday, January 4th. This is a positive change from Foreign & Colonial Investment Trust PLC’s previous dividend of $2.50.

WARNING: This piece was reported by Markets Daily and is the sole property of of Markets Daily. If you are viewing this piece on another publication, it was stolen and republished in violation of US and international copyright law. The correct version of this piece can be read at

Foreign & Colonial Investment Trust PLC Company Profile

Foreign & Colonial Investment Trust PLC is a United Kingdom-based investment trust company. The Trust’s investment objective is to secure long-term growth in capital and income through a policy of investing in a diversified portfolio of publicly listed equities, as well as unlisted securities and private equity, with the use of gearing.

Receive News & Ratings for Foreign & Colonial Investment Trust PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Foreign & Colonial Investment Trust PLC and related companies with's FREE daily email newsletter.

Latest News

Leave a Reply