RIT Capital Partners (LON:RCP) Share Price Crosses Above Fifty Day Moving Average – Here’s Why

RIT Capital Partners (LON:RCPGet Free Report) passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 1,963.26 ($24.42) and traded as high as GBX 1,974 ($24.56). RIT Capital Partners shares last traded at GBX 1,970 ($24.51), with a volume of 148,665 shares.

RIT Capital Partners Trading Up 0.3 %

The company has a market capitalization of £2.84 billion, a P/E ratio of 1,219.75 and a beta of 0.40. The firm has a fifty day moving average price of GBX 1,963.26 and a 200-day moving average price of GBX 1,883.65. 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 Buying and Selling

In other news, insider Helena Coles bought 1,002 shares of the stock in a transaction on Friday, December 13th. The shares were purchased at an average cost of GBX 1,996 ($24.83) per share, for a total transaction of £19,999.92 ($24,881.71). 41.36% of the stock is owned by insiders.

About RIT Capital Partners

(Get Free Report)

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).

Further Reading

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