LON:RCP - Get Free Report )'s stock price hit a new 52-week high on Tuesday . The stock traded as high as GBX 2,030 ($25.50) and last traded at GBX 2,023.06 ($25.42), with a volume of 926745 shares changing hands. The stock had previously closed at GBX 2,000 ($25.13).
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RIT Capital Partners Price Performance The company has a market capitalization of £2.96 billion, a P/E ratio of -1,367.35 and a beta of 0.45. The business's 50-day simple moving average is GBX 1,804.80 and its 200 day simple moving average is GBX 1,809.93. The company has a current ratio of 1.46, a quick ratio of 1.06 and a debt-to-equity ratio of 10.62.
RIT Capital Partners Increases Dividend The firm also recently announced a dividend, which was paid on Friday, April 26th. Investors of record on Thursday, April 4th were issued a GBX 19.50 ($0.24) dividend. This is an increase from RIT Capital Partners's previous dividend of $19.00. This represents a dividend yield of 1.1%. The ex-dividend date was Thursday, April 4th. RIT Capital Partners's payout ratio is presently -2,585.03%.
Insider Activity at RIT Capital Partners In related news, insider Vikas Karlekar bought 991 shares of the business's stock in a transaction that occurred on Tuesday, May 7th. The stock was purchased at an average cost of GBX 2,005 ($25.19) per share, for a total transaction of £19,869.55 ($24,961.75). In related news, insider Cecilia McAnulty bought 5,077 shares of the business's stock in a transaction that occurred on Monday, April 29th. The stock was purchased at an average cost of GBX 1,969 ($24.74) per share, for a total transaction of £99,966.13 ($125,585.59). Also, insider Vikas Karlekar bought 991 shares of the business's stock in a transaction that occurred on Tuesday, May 7th. The shares were bought at an average price of GBX 2,005 ($25.19) per share, with a total value of £19,869.55 ($24,961.75). 40.06% of the stock is currently owned by insiders.
About RIT Capital Partners (
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RIT Capital Partners plc is a self-managed investment trust. The firm invests in the public equity and currency markets across the globe. It also invests in private investments and equity funds. The firm benchmarks the performance of its portfolio against the RPI plus 3% and MSCI All Country World Index (50% Sterling).
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