RIT Capital Partners (LON:RCP) Reaches New 1-Year High – Time to Buy?

RIT Capital Partners (LON:RCP)’s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as GBX 2,443.05 and last traded at GBX 2,380, with a volume of 1010612 shares traded. The stock had previously closed at GBX 2,275.

RIT Capital Partners Stock Performance

The company has a current ratio of 2.21, a quick ratio of 1.06 and a debt-to-equity ratio of 7.53. The stock has a market capitalization of £3.20 billion, a PE ratio of 7.26 and a beta of 0.31. The firm’s fifty day moving average price is GBX 2,260.94 and its two-hundred day moving average price is GBX 2,214.89.

Insider Buying and Selling

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

RIT Capital Partners Company Profile

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.