Finsbury Growth & Income (LON:FGT) Share Price Passes Below 200-Day Moving Average of $843.23

Finsbury Growth & Income (LON:FGT)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 843.23 ($10.85) and traded as low as GBX 830 ($10.68). Finsbury Growth & Income shares last traded at GBX 833 ($10.72), with a volume of 425,356 shares.

Finsbury Growth & Income Price Performance

The company has a quick ratio of 0.48, a current ratio of 5.68 and a debt-to-equity ratio of 2.01. The firm has a market capitalization of £1.53 billion, a PE ratio of 1,365.57 and a beta of 0.52. The firm’s fifty day simple moving average is GBX 841.59 and its 200-day simple moving average is GBX 843.19.

Insiders Place Their Bets

In other news, insider Pars Purewal bought 17,802 shares of the firm’s stock in a transaction on Monday, July 1st. The stock was acquired at an average cost of GBX 838 ($10.78) per share, with a total value of £149,180.76 ($191,897.04). In other Finsbury Growth & Income news, insider Pars Purewal bought 17,802 shares of the business’s stock in a transaction that occurred on Monday, July 1st. The stock was bought at an average cost of GBX 838 ($10.78) per share, for a total transaction of £149,180.76 ($191,897.04). Also, insider Simon Hayes bought 3,738 shares of the stock in a transaction dated Wednesday, May 29th. The stock was bought at an average cost of GBX 840 ($10.81) per share, for a total transaction of £31,399.20 ($40,390.02). Over the last ninety days, insiders bought 21,555 shares of company stock valued at $18,071,166. Insiders own 5.83% of the company’s stock.

Finsbury Growth & Income Company Profile

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.