RIT Capital Partners (LON:RCP) Sets New 12-Month High – Here’s What Happened

RIT Capital Partners (LON:RCP) shares hit a new 52-week high 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. The stock had previously closed at GBX 2,290.

RIT Capital Partners Trading Up 3.2%

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

Insider Transactions at RIT Capital Partners

In other news, insider Helena Coles purchased 330 shares of the company’s stock in a transaction that occurred on Monday, May 18th. The shares were bought 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 valued at $2,065,794. Insiders own 20.00% 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). 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.