Rights & Issues Investment Trust (LON:RIII) Trading 1.9% Higher - Here's What Happened

Key Points

• Rights & Issues Investment Trust shares increased by 1.9%, trading at GBX 2,140 ($28.92) amid a decrease in trading volume by 27% compared to average sessions.
• The firm reported a fiscal performance with earnings per share of GBX 26.40, a return on equity of 12.60%, and a net margin of 93.27%.
• Rights and Issues Investment Trust is a self-managed entity focused on public equity markets in the UK, primarily investing in small-cap companies and benchmarking against the FTSE All share index.

Rights & Issues Investment Trust (LON:RIII - Get Free Report) shares traded up 1.9% during trading on Monday . The stock traded as high as GBX 2,140 ($28.92) and last traded at GBX 2,140 ($28.92). 3,474 shares were traded during mid-day trading, a decline of 27% from the average session volume of 4,755 shares. The stock had previously closed at GBX 2,100 ($28.38).

Rights & Issues Investment Trust Stock Performance

The firm has a fifty day moving average price of GBX 2,152.46 and a 200 day moving average price of GBX 2,034.55. The firm has a market capitalization of £102.31 million, a price-to-earnings ratio of 66,875.00 and a beta of 0.74.

Rights & Issues Investment Trust (LON:RIII - Get Free Report) last issued its quarterly earnings data on Thursday, August 7th. The company reported GBX 26.40 earnings per share (EPS) for the quarter. Rights & Issues Investment Trust had a return on equity of 12.60% and a net margin of 93.27%.

About Rights & Issues Investment Trust

Rights and Issues Investment Trust Public Limited Company is a self-managed investment trust. The firm invests in public equity markets of the United Kingdom. It invests in stocks of small-cap companies. The firm benchmarks the performance of its portfolio against the FTSE All share index. Rights and Issues Investment Trust Public Limited Company was founded in 1963 and is based in London, United Kingdom.

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