RIT Capital Partners (LON:RCP) Hits New 12-Month High – Time to Buy?

RIT Capital Partners (LON:RCPGet Free Report)’s share price hit a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 2,365 and last traded at GBX 2,359.09, with a volume of 131617 shares traded. The stock had previously closed at GBX 2,290.

RIT Capital Partners Trading Up 3.2%

The company has a current ratio of 2.21, a quick ratio of 1.06 and a debt-to-equity ratio of 7.53. The company has a market cap of £3.21 billion, a P/E ratio of 7.23 and a beta of 0.70. The stock’s 50 day moving average is GBX 2,209.84 and its 200-day moving average is GBX 2,204.80.

Insider Transactions at RIT Capital Partners

In related news, insider Helena Coles bought 330 shares of the stock in a transaction on Monday, May 18th. The shares were acquired at an average price of GBX 2,188 per share, for a total transaction of £7,220.40. In the last quarter, insiders have bought 944 shares of company stock worth $2,065,794. 20.00% of the stock is currently owned by corporate insiders.

RIT Capital Partners Company Profile

(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). 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.

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