Rights & Issues Investment Trust (LON:RIII) Trading 0.9% Higher – Still a Buy?

Rights & Issues Investment Trust (LON:RIII)’s share price traded up 0.9% during trading on Monday . The company traded as high as GBX 2,180 and last traded at GBX 2,180. 2,111 shares changed hands during trading, a decline of 62% from the average session volume of 5,593 shares. The stock had previously closed at GBX 2,160.44.

Rights & Issues Investment Trust Trading Up 0.5%

The firm has a market capitalization of £105.07 million, a P/E ratio of 22.20 and a beta of 0.93. The firm has a 50 day moving average price of GBX 2,111.97 and a 200-day moving average price of GBX 2,085.60.

Rights & Issues Investment Trust (LON:RIII) last posted its quarterly earnings data on Friday, February 20th. The company reported GBX 49.20 earnings per share (EPS) for the quarter. Rights & Issues Investment Trust had a return on equity of 3.80% and a net margin of 18.96%.

About Rights & Issues Investment Trust

Rights and Issues Investment Trust Public Limited Company is a self-managed investment trust. The firm invests in public equity markets of the United Kingdom. It invests in stocks of small-cap companies. The firm benchmarks the performance of its portfolio against the FTSE All share index. Rights and Issues Investment Trust Public Limited Company was founded in 1963 and is based in London, United Kingdom.