RIT Capital Partners (LON:RCP) Share Price Crosses Below 50 Day Moving Average – Here’s Why

RIT Capital Partners (LON:RCPGet Free Report) passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 2,227.94 and traded as low as GBX 2,169.68. RIT Capital Partners shares last traded at GBX 2,235, with a volume of 168,266 shares.

RIT Capital Partners Trading Down 0.9%

The company has a debt-to-equity ratio of 7.81, a quick ratio of 1.06 and a current ratio of 1.41. The stock has a market cap of £3.05 billion, a P/E ratio of 11.87 and a beta of 0.40. The stock has a 50-day moving average price of GBX 2,227.94 and a 200-day moving average price of GBX 2,095.78.

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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