Rights & Issues Investment Trust (LON:RIII) Shares Up 1% – Should You Buy?

Shares of Rights & Issues Investment Trust (LON:RIIIGet Free Report) shot up 1% during trading on Tuesday . The company traded as high as GBX 2,090 and last traded at GBX 2,060. 6,125 shares were traded during mid-day trading, an increase of 44% from the average session volume of 4,241 shares. The stock had previously closed at GBX 2,040.

Rights & Issues Investment Trust Stock Performance

The firm’s fifty day simple moving average is GBX 2,014.50 and its 200-day simple moving average is GBX 2,096.46. The stock has a market cap of £98.49 million, a P/E ratio of 643.75 and a beta of 0.74.

About Rights & Issues Investment Trust

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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.

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