Free Trial

RIT Capital Partners (LON:RCP) Shares Pass Above Fifty Day Moving Average - What's Next?

RIT Capital Partners logo with Financial Services background

RIT Capital Partners (LON:RCP - Get Free Report)'s stock price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 1,877.14 ($25.28) and traded as high as GBX 1,900 ($25.59). RIT Capital Partners shares last traded at GBX 1,880 ($25.32), with a volume of 139,912 shares traded.

RIT Capital Partners Price Performance

The company's 50-day moving average price is GBX 1,877.14 and its 200-day moving average price is GBX 1,916.26. The company has a quick ratio of 1.06, a current ratio of 1.41 and a debt-to-equity ratio of 7.81. The firm has a market cap of £2.70 billion, a price-to-earnings ratio of 16.18 and a beta of 0.40.

Insider Buying and Selling

In related news, insider Vikas Karlekar bought 1,045 shares of the firm's stock in a transaction that occurred on Wednesday, May 7th. The stock was purchased at an average cost of GBX 1,903 ($25.63) per share, for a total transaction of £19,886.35 ($26,779.36). 41.36% of the stock is owned by insiders.

About RIT Capital Partners

(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).

Read More

Should You Invest $1,000 in RIT Capital Partners Right Now?

Before you consider RIT Capital Partners, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and RIT Capital Partners wasn't on the list.

While RIT Capital Partners currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Metaverse Stocks And Why You Can't Ignore Them Cover

Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

The Drone Industry Is About to 10X—Here’s How to Profit
Why AMD Stock Beats NVIDIA Right Now
Oil Spikes Amid Rising Warfare: 3 Stocks to Watch Now

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines