RIT Capital Partners (LON:RCP) Sets New 12-Month High – What’s Next?

RIT Capital Partners (LON:RCP) shares hit a new 52-week high during trading on Wednesday . The stock traded as high as GBX 2,443.05 and last traded at GBX 2,380, with a volume of 1010612 shares changing hands. The stock had previously closed at GBX 2,275.

RIT Capital Partners Price Performance

The company has a quick ratio of 1.06, a current ratio of 2.21 and a debt-to-equity ratio of 7.53. The firm has a market capitalization of £3.20 billion, a PE ratio of 7.26 and a beta of 0.31. The stock has a 50-day moving average price of GBX 2,260.94 and a 200 day moving average price of GBX 2,214.89.

Insider Transactions at RIT Capital Partners

In related news, insider Helena Coles purchased 330 shares of the business’s stock in a transaction that occurred on Monday, May 18th. The stock was bought at an average price of GBX 2,188 per share, with a total value of £7,220.40. Over the last 90 days, insiders have acquired 944 shares of company stock valued at $2,065,794. 20.00% of the stock is currently owned by company insiders.

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). It employs a top-down approach to make its investments. The firm makes its investments in companies operating across diversified sectors. RIT Capital Partners plc was founded on August 1, 1988 and is based in London, United Kingdom.