Finsbury Growth & Income (LON:FGT) Issues Quarterly Earnings Results

Finsbury Growth & Income (LON:FGT) posted its earnings results on Thursday. The investment trust reported GBX 6.60 earnings per share for the quarter, Digital Look Earnings reports. The firm had revenue of GBX 949 million for the quarter. Finsbury Growth & Income had a negative return on equity of 1.79% and a negative net margin of 15.02%.

Finsbury Growth & Income Trading Down 0.7%

LON:FGT opened at GBX 749.39 on Thursday. Finsbury Growth & Income has a fifty-two week low of GBX 706.92 and a fifty-two week high of GBX 939. The company has a debt-to-equity ratio of 2.38, a current ratio of 0.36 and a quick ratio of 0.48. The stock has a market capitalization of £801.36 million, a PE ratio of -79.72 and a beta of 0.74. The business’s 50-day simple moving average is GBX 746.71 and its 200-day simple moving average is GBX 778.22.

About Finsbury Growth & Income

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.