Rights & Issues Investment Trust (LON:RIII) Shares Down 2.1% - Should You Sell?

Rights & Issues Investment Trust (LON:RIII - Get Free Report)'s share price traded down 2.1% during trading on Monday . The stock traded as low as GBX 1,975 ($26.73) and last traded at GBX 1,975 ($26.73). 3,205 shares traded hands during trading, a decline of 37% from the average session volume of 5,122 shares. The stock had previously closed at GBX 2,017.43 ($27.30).

Rights & Issues Investment Trust Stock Down 5.3%

The firm's 50-day moving average price is GBX 1,868.84 and its 200 day moving average price is GBX 2,087.98. The firm has a market cap of £98.41 million, a P/E ratio of 6.47 and a beta of 0.74.

Rights & Issues Investment Trust (LON:RIII - Get Free Report) last released its quarterly earnings results on Friday, February 21st. The company reported GBX 42.10 ($0.57) earnings per share for the quarter. Rights & Issues Investment Trust had a return on equity of 12.60% and a net margin of 93.27%.

Rights & Issues Investment Trust Company Profile

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.