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

RIT Capital Partners (LON:RCP) released its quarterly earnings results on Monday. The company reported GBX (6.40) (($0.08)) earnings per share (EPS) for the quarter, Digital Look Earnings reports. RIT Capital Partners had a return on equity of 4.70% and a net margin of 162.20%.

RIT Capital Partners Stock Up 0.4 %

Shares of RCP traded up GBX 8 ($0.10) during mid-day trading on Wednesday, hitting GBX 1,928 ($24.66). 263,129 shares of the company traded hands, compared to its average volume of 294,452. The business has a 50 day moving average of GBX 1,962.19 and a 200 day moving average of GBX 1,894.72. The company has a market capitalization of £2.78 billion, a PE ratio of 16.67 and a beta of 0.40. RIT Capital Partners has a 1-year low of GBX 1,698 ($21.72) and a 1-year high of GBX 2,030 ($25.97). The company has a quick ratio of 1.06, a current ratio of 1.41 and a debt-to-equity ratio of 7.81.

Insider Activity

In other news, insider Helena Coles acquired 1,002 shares of RIT Capital Partners stock in a transaction dated Friday, December 13th. The stock was purchased at an average cost of GBX 1,996 ($25.53) per share, for a total transaction of £19,999.92 ($25,585.16). Corporate insiders own 41.36% 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).