RIT Capital Partners (LON:RCP) Issues Earnings Results

RIT Capital Partners (LON:RCP) announced its quarterly 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 return on equity of 11.79% and a net margin of 277.36%.

RIT Capital Partners Price Performance

Shares of RCP stock traded up GBX 15 during trading hours on Friday, hitting GBX 2,470. 309,980 shares of the company’s stock were exchanged, compared to its average volume of 381,579. RIT Capital Partners has a fifty-two week low of GBX 1,890 and a fifty-two week high of GBX 2,480. The firm has a market cap of £3.34 billion, a P/E ratio of 7.55 and a beta of 0.31. 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 50 day moving average of GBX 2,269.08 and a two-hundred day moving average of GBX 2,217.09.

Insider Buying and Selling

In related news, insider Helena Coles purchased 330 shares of the business’s stock in a transaction that occurred on Monday, May 18th. The stock was bought at an average price of GBX 2,188 per share, with a total value of £7,220.40. Over the last ninety days, insiders have acquired 944 shares of company stock valued at $2,065,794. 20.00% 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.