RIT Capital Partners (LON:RCP) Stock Crosses Above 50 Day Moving Average - What's Next?

Key Points

• Shares of RIT Capital Partners have recently crossed above their fifty-day moving average, trading at GBX 1,950 ($26.21).
• The company's key financial metrics include a debt-to-equity ratio of 7.81 and a market cap of £2.72 billion.
• RIT Capital Partners reported a quarterly EPS of GBX (1.90) with a net margin of 162.20% and a return on equity of 4.70%.

RIT Capital Partners (LON:RCP - Get Free Report) shares crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 1,946.17 ($26.36) and traded as high as GBX 1,962.28 ($26.58). RIT Capital Partners shares last traded at GBX 1,950 ($26.42), with a volume of 977,798 shares changing hands.

RIT Capital Partners Trading Down 0.0%

The company has a debt-to-equity ratio of 7.81, a current ratio of 1.41 and a quick ratio of 1.06. The firm's fifty day moving average is GBX 1,947.69 and its two-hundred day moving average is GBX 1,906.02. The firm has a market capitalization of £2.72 billion, a PE ratio of 1,050.33 and a beta of 0.40.

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

About RIT Capital Partners

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).