RIT Capital Partners (LON:RCP) Issues Earnings Results

RIT Capital Partners (LON:RCP) issued its quarterly earnings data on Thursday. The company reported GBX 244.10 EPS 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 0.6%

Shares of RCP traded up GBX 15 on Thursday, reaching GBX 2,615. The stock had a trading volume of 244,368 shares, compared to its average volume of 365,013. 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 12-month low of GBX 1,932 and a 12-month high of GBX 2,645. The firm has a market capitalization of £3.53 billion, a price-to-earnings ratio of 8.00 and a beta of 0.70. The company has a 50-day simple moving average of GBX 2,389.68 and a 200-day simple moving average of GBX 2,254.77.

Insider Transactions at RIT Capital Partners

In other news, insider Helena Coles acquired 330 shares of the firm’s stock in a transaction on Monday, May 18th. The stock was acquired at an average price of GBX 2,188 per share, for a total transaction of £7,220.40. Insiders acquired a total of 944 shares of company stock valued at $2,065,794 in the last ninety days. 20.00% of the stock is currently owned by corporate insiders.

RIT Capital Partners Company Profile

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.