Rights & Issues Investment Trust (LON:RIII) Announces Quarterly Earnings Results

Rights & Issues Investment Trust (LON:RIII) released its earnings results on Thursday. The company reported GBX 132 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Rights & Issues Investment Trust had a return on equity of 3.80% and a net margin of 18.96%.

Rights & Issues Investment Trust Stock Performance

Shares of Rights & Issues Investment Trust stock traded down GBX 39.92 during midday trading on Thursday, hitting GBX 2,420.08. 5,098 shares of the company traded hands, compared to its average volume of 6,284. The firm’s fifty day moving average price is GBX 2,226.02 and its 200-day moving average price is GBX 2,166.47. The stock has a market cap of £113.24 million, a price-to-earnings ratio of 24.42 and a beta of 0.93. Rights & Issues Investment Trust has a 12 month low of GBX 1,965.12 and a 12 month high of GBX 2,475.19.

About Rights & Issues Investment Trust

Rights and Issues Investment Trust Public Limited Company is a self-managed investment trust. The firm invests in public equity markets of the United Kingdom. It invests in stocks of small-cap companies. The firm benchmarks the performance of its portfolio against the FTSE All share index. Rights and Issues Investment Trust Public Limited Company was founded in 1963 and is based in London, United Kingdom.