Rights & Issues Investment Trust (LON:RIII) Stock Price Down 1.7% – Here’s What Happened

Rights & Issues Investment Trust (LON:RIIIGet Free Report)’s share price fell 1.7% on Wednesday . The stock traded as low as GBX 2,280 and last traded at GBX 2,300. Approximately 15,943 shares traded hands during mid-day trading, an increase of 170% from the average session volume of 5,909 shares. The stock had previously closed at GBX 2,340.

Rights & Issues Investment Trust Price Performance

The company has a market cap of £105.38 million, a price-to-earnings ratio of 22.59 and a beta of 0.98. The firm has a 50 day simple moving average of GBX 2,203.05 and a 200-day simple moving average of GBX 2,148.12.

About Rights & Issues Investment Trust

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Rights and Issues Investment Trust Public Limited Company is a self-managed investment trust. The firm invests in public equity markets of the United Kingdom. It invests in stocks of small-cap companies. The firm benchmarks the performance of its portfolio against the FTSE All share index. Rights and Issues Investment Trust Public Limited Company was founded in 1963 and is based in London, United Kingdom.

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