RIT Capital Partners (LON:RCP) Share Price Passes Above 50 Day Moving Average – Should You Sell?

RIT Capital Partners (LON:RCP) shares crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 2,344.15 and traded as high as GBX 2,510. RIT Capital Partners shares last traded at GBX 2,440, with a volume of 134,427 shares traded.

RIT Capital Partners Stock Up 2.0%

The stock has a fifty day moving average of GBX 2,348.97 and a 200-day moving average of GBX 2,240.14. The firm has a market capitalization of £3.39 billion, a price-to-earnings ratio of 7.68 and a beta of 0.31. The company has a current ratio of 2.21, a quick ratio of 1.06 and a debt-to-equity ratio of 7.53.

RIT Capital Partners (LON:RCP) last announced its earnings results on Friday, July 10th. The company reported GBX (1.90) EPS for the quarter. RIT Capital Partners had a net margin of 277.36% and a return on equity of 11.79%.

Insider Transactions at RIT Capital Partners

In other news, insider Helena Coles acquired 330 shares of RIT Capital Partners stock in a transaction on Monday, May 18th. The stock was bought at an average cost of GBX 2,188 per share, with a total value of £7,220.40. In the last 90 days, insiders bought 944 shares of company stock worth $2,065,794. 20.00% of the stock is currently owned by insiders.

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.