RIT Capital Partners (LON:RCP - Get Free Report) shares passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 1,866.49 ($25.00) and traded as high as GBX 1,914 ($25.63). RIT Capital Partners shares last traded at GBX 1,904 ($25.50), with a volume of 91,648 shares.
RIT Capital Partners Stock Performance
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 firm's 50-day moving average price is GBX 1,867.73 and its two-hundred day moving average price is GBX 1,915.70. The stock has a market cap of £2.73 billion, a price-to-earnings ratio of 16.39 and a beta of 0.40.
RIT Capital Partners (LON:RCP - Get Free Report) last posted its quarterly earnings results on Monday, March 3rd. The company reported GBX (6.40) (($0.09)) earnings per share for the quarter. RIT Capital Partners had a net margin of 162.20% and a return on equity of 4.70%.
RIT Capital Partners Increases Dividend
The firm also recently announced a dividend, which was paid on Friday, April 25th. Shareholders of record on Thursday, April 3rd were given a GBX 21.50 ($0.29) dividend. The ex-dividend date of this dividend was Thursday, April 3rd. This represents a yield of 1.14%. This is an increase from RIT Capital Partners's previous dividend of $19.50. RIT Capital Partners's payout ratio is currently 33.71%.
Insider Activity
In other RIT Capital Partners news, insider Vikas Karlekar purchased 1,045 shares of the business's stock in a transaction on Wednesday, May 7th. The shares were bought at an average cost of GBX 1,903 ($25.49) per share, for a total transaction of £19,886.35 ($26,632.32). Corporate insiders own 41.36% of the company's stock.
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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