RIT Capital Partners (LON:RCP) Announces Quarterly Earnings Results

RIT Capital Partners (LON:RCP) released its quarterly earnings results on Monday. The company reported GBX (6.40) (($0.08)) earnings per share for the quarter, Digital Look Earnings reports. RIT Capital Partners had a net margin of 162.20% and a return on equity of 4.70%.

RIT Capital Partners Stock Performance

RCP stock opened at GBX 1,928 ($24.66) on Wednesday. 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 business’s fifty day simple moving average is GBX 1,962.19 and its two-hundred day simple moving average is GBX 1,894.72. RIT Capital Partners has a twelve month low of GBX 1,698 ($21.72) and a twelve month high of GBX 2,030 ($25.97). The firm has a market cap of £2.78 billion, a price-to-earnings ratio of 16.67 and a beta of 0.40.

Insiders Place Their Bets

In other news, insider Helena Coles purchased 1,002 shares of the business’s stock in a transaction dated Friday, December 13th. The shares were purchased at an average price of GBX 1,996 ($25.53) per share, for a total transaction of £19,999.92 ($25,585.16). 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).