RIT Capital Partners (LON:RCP) Shares Pass Above 50-Day Moving Average – Should You Sell?

RIT Capital Partners (LON:RCPGet Free Report)’s share price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 2,220 and traded as high as GBX 2,235. RIT Capital Partners shares last traded at GBX 2,225, with a volume of 68,863 shares.

RIT Capital Partners Stock Up 0.2%

The company has a debt-to-equity ratio of 7.81, a current ratio of 1.41 and a quick ratio of 1.06. The firm’s 50 day moving average is GBX 2,220 and its two-hundred day moving average is GBX 2,082.26. The firm has a market capitalization of £3.06 billion, a P/E ratio of 11.92 and a beta of 0.40.

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). 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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