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Rights & Issues Investment Trust (LON:RIII) Shares Down 0.5% - Time to Sell?

Rights & Issues Investment Trust logo with Financial Services background

Key Points

  • Rights & Issues Investment Trust's stock traded down 0.5% to GBX 2,120 ($28.63) with a trading volume decline of 22% from its average session.
  • The company reported a significant net margin of 93.27% and a return on equity of 12.60% for the quarter ending August 7th, with earnings per share of GBX 26.40.
  • Rights & Issues Investment Trust is a self-managed investment trust that primarily invests in small-cap companies listed in the UK, with a market capitalization of £101.36 million.
  • MarketBeat previews the top five stocks to own by October 1st.

Rights & Issues Investment Trust (LON:RIII - Get Free Report)'s share price dropped 0.5% on Friday . The stock traded as low as GBX 2,120 ($28.40) and last traded at GBX 2,120 ($28.40). Approximately 3,728 shares traded hands during mid-day trading, a decline of 22% from the average daily volume of 4,808 shares. The stock had previously closed at GBX 2,130 ($28.53).

Rights & Issues Investment Trust Stock Performance

The stock has a market capitalization of £101.36 million, a P/E ratio of 949.40 and a beta of 0.74. The company's fifty day simple moving average is GBX 2,166.77 and its two-hundred day simple moving average is GBX 2,025.89.

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

About Rights & Issues Investment Trust

(Get Free Report)

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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