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RIT Capital Partners (LON:RCP) Share Price Passes Above 50 Day Moving Average - Here's What Happened

RIT Capital Partners logo with Financial Services background

RIT Capital Partners (LON:RCP - Get Free Report)'s share price crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 1,862.56 ($25.24) and traded as high as GBX 1,910 ($25.88). RIT Capital Partners shares last traded at GBX 1,901.31 ($25.77), with a volume of 130,143 shares.

RIT Capital Partners Price Performance

The company has a 50-day moving average of GBX 1,862.40 and a two-hundred day moving average of GBX 1,916.49. The stock has a market capitalization of £2.77 billion, a PE ratio of 16.61 and a beta of 0.40. The company has a debt-to-equity ratio of 7.81, a current ratio of 1.41 and a quick ratio of 1.06.

RIT Capital Partners (LON:RCP - Get Free Report) last announced its quarterly earnings results on Monday, March 3rd. The company reported GBX (6.40) (($0.09)) EPS for the quarter. RIT Capital Partners had a return on equity of 4.70% and a net margin of 162.20%.

Insiders Place Their Bets

In other news, insider Vikas Karlekar purchased 1,045 shares of the company's stock in a transaction on Wednesday, May 7th. The stock was bought at an average cost of GBX 1,903 ($25.79) per share, for a total transaction of £19,886.35 ($26,949.93). 41.36% of the stock is currently owned by insiders.

RIT Capital Partners Company Profile

(Get Free Report)

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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