RIT Capital Partners (LON:RCP) Reaches New 52-Week High – Still a Buy?

RIT Capital Partners (LON:RCPGet Free Report)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 2,070 ($27.68) and last traded at GBX 2,050 ($27.41), with a volume of 182135 shares trading hands. The stock had previously closed at GBX 2,050 ($27.41).

RIT Capital Partners Price Performance

The firm has a market capitalization of £2.85 billion, a P/E ratio of 11.02 and a beta of 0.40. The firm has a 50 day moving average price of GBX 1,994.33 and a 200-day moving average price of GBX 1,927.24. The company has a current ratio of 1.41, a quick ratio of 1.06 and a debt-to-equity ratio of 7.81.

RIT Capital Partners (LON:RCPGet Free Report) last issued its quarterly earnings results on Thursday, August 7th. The company reported GBX (1.90) earnings per share (EPS) for the quarter. RIT Capital Partners had a return on equity of 4.70% and a net margin of 162.20%.

RIT Capital Partners Company Profile

(Get Free Report)

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).

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