RIT Capital Partners (LON:RCP) Reaches New 52-Week High – Still a Buy?

RIT Capital Partners (LON:RCPGet Free Report)’s share price hit a new 52-week high during trading on Wednesday . The company traded as high as GBX 2,070 ($27.68) and last traded at GBX 2,050 ($27.41), with a volume of 182135 shares trading hands. The stock had previously closed at GBX 2,050 ($27.41).

RIT Capital Partners Stock Performance

The business has a 50 day moving average of GBX 1,994.33 and a 200 day moving average of GBX 1,927.24. The company has a market capitalization of £2.85 billion, a P/E ratio of 11.02 and a beta of 0.40. The company has a quick ratio of 1.06, a current ratio of 1.41 and a debt-to-equity ratio of 7.81.

RIT Capital Partners (LON:RCPGet Free Report) last posted its quarterly earnings data on Thursday, August 7th. The company reported GBX (1.90) earnings per share (EPS) for the quarter. RIT Capital Partners had a net margin of 162.20% and a return on equity of 4.70%.

About RIT Capital Partners

(Get Free Report)

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).

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