RIT Capital Partners (LON:RCP) Stock Crosses Above 50-Day Moving Average – Here’s Why

Shares of RIT Capital Partners (LON:RCP) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 1,956.34 ($24.42) and traded as high as GBX 2,015 ($25.15). RIT Capital Partners shares last traded at GBX 2,005 ($25.03), with a volume of 199,875 shares.

RIT Capital Partners Trading Up 0.3 %

The company has a market capitalization of £2.88 billion, a price-to-earnings ratio of 1,237.65 and a beta of 0.40. The business’s 50-day moving average price is GBX 1,956.34 and its two-hundred day moving average price is GBX 1,881.36. The company has a debt-to-equity ratio of 7.81, a current ratio of 1.41 and a quick ratio of 1.06.

Insider Activity

In other RIT Capital Partners news, insider Helena Coles bought 1,002 shares of the firm’s stock in a transaction dated Friday, December 13th. The shares were purchased at an average cost of GBX 1,996 ($24.92) per share, for a total transaction of £19,999.92 ($24,965.57). Company insiders own 41.36% of the company’s stock.

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).