Rights & Issues Investment Trust (LON:RIII) Posts Earnings Results

Rights & Issues Investment Trust (LON:RIII) announced its quarterly earnings results on Friday. The company reported GBX 42.10 ($0.53) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Rights & Issues Investment Trust had a net margin of 93.27% and a return on equity of 12.60%.

Rights & Issues Investment Trust Stock Performance

LON RIII traded up GBX 14.85 ($0.19) during trading hours on Friday, reaching GBX 2,104.85 ($26.67). The company’s stock had a trading volume of 917 shares, compared to its average volume of 4,974. The stock has a market cap of £101.75 million, a PE ratio of 6.69 and a beta of 0.74. Rights & Issues Investment Trust has a fifty-two week low of GBX 1,930 ($24.46) and a fifty-two week high of GBX 2,500 ($31.68). The company’s 50-day moving average is GBX 2,220.62 and its two-hundred day moving average is GBX 2,319.12.

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.