RIT Capital Partners (LON:RCP) Reaches New 12-Month High – Here’s What Happened

RIT Capital Partners (LON:RCP)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 2,355 and last traded at GBX 2,320, with a volume of 542384 shares. The stock had previously closed at GBX 2,292.59.

RIT Capital Partners Stock Performance

The company has a 50-day moving average of GBX 2,178.73 and a 200 day moving average of GBX 2,195.79. The company has a quick ratio of 1.06, a current ratio of 2.21 and a debt-to-equity ratio of 7.53. The firm has a market capitalization of £3.15 billion, a PE ratio of 7.09 and a beta of 0.70.

RIT Capital Partners (LON:RCP) last posted its earnings results on Tuesday, March 3rd. The company reported GBX 1.50 EPS for the quarter. RIT Capital Partners had a return on equity of 11.79% and a net margin of 277.36%.

Insider Buying and Selling

In other RIT Capital Partners news, insider Helena Coles bought 330 shares of RIT Capital Partners stock in a transaction that occurred on Monday, May 18th. The stock was acquired at an average cost of GBX 2,188 per share, for a total transaction of £7,220.40. Insiders bought 944 shares of company stock worth $2,065,794 in the last three months. 19.57% of the stock is owned by insiders.

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). It employs a top-down approach to make its investments. The firm makes its investments in companies operating across diversified sectors. RIT Capital Partners plc was founded on August 1, 1988 and is based in London, United Kingdom.