RIT Capital Partners (LON:RCP) Sets New 12-Month High – Should You Buy?

Shares of RIT Capital Partners (LON:RCP) hit a new 52-week high during trading on Monday . The company traded as high as GBX 2,590 and last traded at GBX 2,590, with a volume of 38187 shares traded. The stock had previously closed at GBX 2,575.

RIT Capital Partners Stock Up 0.6%

The company has a quick ratio of 1.06, a current ratio of 2.21 and a debt-to-equity ratio of 7.53. The stock has a market cap of £3.50 billion, a PE ratio of 7.92 and a beta of 0.31. The firm has a fifty day moving average of GBX 2,303.51 and a 200 day moving average of GBX 2,226.96.

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

Insider Buying and Selling at RIT Capital Partners

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