RIT Capital Partners (LON:RCP) Posts Quarterly Earnings Results

RIT Capital Partners (LON:RCP) announced its earnings results on Friday. The company reported GBX (1.90) earnings per share (EPS) for the quarter, Digital Look Earnings reports. RIT Capital Partners had a net margin of 277.36% and a return on equity of 11.79%.

RIT Capital Partners Price Performance

LON:RCP traded up GBX 12.07 during trading hours on Friday, reaching GBX 2,467.07. The company had a trading volume of 151,657 shares, compared to its average volume of 380,370. The stock has a 50-day moving average of GBX 2,269.08 and a two-hundred day moving average of GBX 2,217.09. RIT Capital Partners has a one year low of GBX 1,890 and a one year high of GBX 2,480. 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 £3.33 billion, a PE ratio of 7.54 and a beta of 0.31.

Insider Activity at RIT Capital Partners

In related news, insider Helena Coles bought 330 shares of the firm’s 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 worth $2,065,794 over the last ninety days. 20.00% 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.