RIT Capital Partners (LON:RCP) Stock Price Crosses Above 50 Day Moving Average – Here’s What Happened

Shares of RIT Capital Partners (LON:RCP) passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 1,911.33 ($23.92) and traded as high as GBX 1,986 ($24.85). RIT Capital Partners shares last traded at GBX 1,986 ($24.85), with a volume of 169,245 shares changing hands.

RIT Capital Partners Stock Down 0.7 %

The company has a quick ratio of 1.06, a current ratio of 1.41 and a debt-to-equity ratio of 7.81. The firm has a market capitalization of £2.84 billion, a PE ratio of 1,217.41 and a beta of 0.40. The business has a 50-day moving average price of GBX 1,914.65 and a 200-day moving average price of GBX 1,863.06.

Insider Buying and Selling at RIT Capital Partners

In other news, insider Helena Coles bought 1,002 shares of the firm’s stock in a transaction on Friday, December 13th. The shares were bought at an average cost of GBX 1,996 ($24.97) per share, for a total transaction of £19,999.92 ($25,024.92). 41.36% of the stock is owned by company insiders.

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).