RIT Capital Partners (LON:RCP) Releases Earnings Results

RIT Capital Partners (LON:RCP) announced its quarterly earnings data on Thursday. The company reported GBX 244.10 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 Stock Performance

LON RCP traded up GBX 15 during trading on Thursday, reaching GBX 2,615. 244,368 shares of the company’s stock were exchanged, compared to its average volume of 365,013. The business has a 50 day moving average price of GBX 2,389.68 and a 200-day moving average price of GBX 2,254.77. RIT Capital Partners has a fifty-two week low of GBX 1,932 and a fifty-two week high of GBX 2,645. The stock has a market capitalization of £3.53 billion, a P/E ratio of 8.00 and a beta of 0.70. The company has a debt-to-equity ratio of 7.53, a current ratio of 2.21 and a quick ratio of 1.06.

Insider Buying and Selling

In related news, insider Helena Coles purchased 330 shares of the stock in a transaction on Monday, May 18th. The shares were purchased at an average cost of GBX 2,188 per share, with a total value of £7,220.40. In the last quarter, insiders have bought 944 shares of company stock valued at $2,065,794. 20.00% of the stock is currently owned by corporate insiders.

RIT Capital Partners Company Profile

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.