RIT Capital Partners (LON:RCP) Share Price Crosses Below 50 Day Moving Average – Here’s What Happened

RIT Capital Partners (LON:RCP)’s stock price passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 1,959.43 ($25.23) and traded as low as GBX 1,898 ($24.44). RIT Capital Partners shares last traded at GBX 1,900 ($24.46), with a volume of 226,220 shares traded.

RIT Capital Partners Price Performance

The company has a quick ratio of 1.06, a current ratio of 1.41 and a debt-to-equity ratio of 7.81. The stock’s 50-day moving average price is GBX 1,959.43 and its 200 day moving average price is GBX 1,896.82. The firm has a market cap of £2.74 billion, a price-to-earnings ratio of 16.42 and a beta of 0.40.

RIT Capital Partners (LON:RCP) last announced its quarterly earnings data on Monday, March 3rd. The company reported GBX (6.40) (($0.08)) EPS for the quarter. RIT Capital Partners had a return on equity of 4.70% and a net margin of 162.20%.

Insiders Place Their Bets

In other RIT Capital Partners news, insider Helena Coles purchased 1,002 shares of the company’s stock in a transaction that occurred on Friday, December 13th. The stock was purchased at an average price of GBX 1,996 ($25.70) per share, with a total value of £19,999.92 ($25,749.86). Corporate insiders own 41.36% of the company’s stock.

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).