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

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

RIT Capital Partners Stock Performance

The company has a market capitalization of £3.15 billion, a PE ratio of 7.09 and a beta of 0.70. 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 company has a 50-day moving average price of GBX 2,178.73 and a two-hundred day moving average price of GBX 2,195.79.

RIT Capital Partners (LON:RCP) last announced its quarterly earnings results on Tuesday, March 3rd. The company reported GBX 1.50 earnings per share 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 at RIT Capital Partners

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