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

RIT Capital Partners (LON:RCP) announced its quarterly earnings results on Friday. The company reported GBX (1.90) earnings per share 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 Up 0.5%

Shares of LON:RCP traded up GBX 12.07 during midday trading 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 market cap of £3.33 billion, a PE ratio of 7.54 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. RIT Capital Partners has a 1-year low of GBX 1,890 and a 1-year high of GBX 2,480. The business’s 50 day moving average price is GBX 2,269.08 and its 200 day moving average price is GBX 2,217.09.

Insider Transactions at RIT Capital Partners

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

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.