RIT Capital Partners (LON:RCP) Trading Down 1.3% – Here’s What Happened

Shares of RIT Capital Partners (LON:RCP) were down 1.3% during mid-day trading on Friday . The company traded as low as GBX 1,974 ($24.91) and last traded at GBX 1,974 ($24.91). Approximately 172,744 shares changed hands during mid-day trading, a decline of 19% from the average daily volume of 213,094 shares. The stock had previously closed at GBX 2,000 ($25.24).

RIT Capital Partners Trading Down 1.3 %

The company has a debt-to-equity ratio of 7.81, a current ratio of 1.41 and a quick ratio of 1.06. The firm’s 50 day moving average price is GBX 1,870.23 and its 200 day moving average price is GBX 1,848.75. The stock has a market capitalization of £2.84 billion, a P/E ratio of 1,218.52 and a beta of 0.40.

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).