RIT Capital Partners (LON:RCP) Announces Quarterly Earnings Results

RIT Capital Partners (LON:RCP) posted its earnings results on Friday. The company reported GBX (1.90) earnings per share for the quarter, Digital Look Earnings reports. RIT Capital Partners had a net margin of 277.36% and a return on equity of 11.79%.

RIT Capital Partners Stock Up 0.1%

Shares of LON RCP traded up GBX 1.49 during mid-day trading on Friday, reaching GBX 2,456.49. 338,775 shares of the company traded hands, compared to its average volume of 381,799. The company’s fifty day moving average is GBX 2,269.08 and its two-hundred day moving average is GBX 2,217.09. The company has a debt-to-equity ratio of 7.53, a quick ratio of 1.06 and a current ratio of 2.21. RIT Capital Partners has a fifty-two week low of GBX 1,890 and a fifty-two week high of GBX 2,480. The stock has a market cap of £3.32 billion, a PE ratio of 7.51 and a beta of 0.31.

Insiders Place Their Bets

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