RIT Capital Partners (LON:RCP) Reaches New 1-Year High - Here's What Happened

Key Points

• RIT Capital Partners reached a new 52-week high on Tuesday, with shares trading at GBX 2,050 ($27.54) and closing at GBX 2,041.39 ($27.42).
• The company reported a net margin of 162.20% and earnings per share (EPS) of GBX (1.90) for the last quarter.
• RIT Capital Partners has a market cap of £2.84 billion and operates as a self-managed investment trust investing in public equity, currency markets, and private investments.

RIT Capital Partners (LON:RCP - Get Free Report)'s share price reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 2,050 ($27.54) and last traded at GBX 2,041.39 ($27.42), with a volume of 100393 shares. The stock had previously closed at GBX 2,025 ($27.20).

RIT Capital Partners Stock Up 1.0%

The company has a debt-to-equity ratio of 7.81, a quick ratio of 1.06 and a current ratio of 1.41. The stock has a market cap of £2.84 billion, a price-to-earnings ratio of 1,096.50 and a beta of 0.40. The business's 50 day moving average is GBX 1,966.73 and its 200 day moving average is GBX 1,913.45.

RIT Capital Partners (LON:RCP - Get Free Report) last released its earnings results on Thursday, August 7th. The company reported GBX (1.90) earnings per share (EPS) for the quarter. RIT Capital Partners had a net margin of 162.20% and a return on equity of 4.70%.

RIT Capital Partners Company Profile

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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