RIT Capital Partners (LON:RCP) Sets New 12-Month High – What’s Next?

Shares of RIT Capital Partners (LON:RCP) reached a new 52-week high on Monday . The stock traded as high as GBX 2,615 and last traded at GBX 2,600, with a volume of 96190 shares traded. The stock had previously closed at GBX 2,565.

RIT Capital Partners Trading Down 0.6%

The stock has a market capitalization of £3.51 billion, a PE ratio of 7.95 and a beta of 0.70. The firm has a 50-day moving average price of GBX 2,382.58 and a 200-day moving average price of GBX 2,252.38. The company has a current ratio of 2.21, a quick ratio of 1.06 and a debt-to-equity ratio of 7.53.

RIT Capital Partners (LON:RCP) last released its earnings results on Friday, July 10th. The company reported GBX (1.90) EPS for the quarter. RIT Capital Partners had a return on equity of 11.79% and a net margin of 277.36%.

Insider Transactions at RIT Capital Partners

In related news, insider Helena Coles acquired 330 shares of the firm’s stock in a transaction that occurred on Monday, May 18th. The stock was acquired at an average price of GBX 2,188 per share, for a total transaction of £7,220.40. Insiders have bought a total of 944 shares of company stock worth $2,065,794 in the last three months. Company 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.