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

Rights & Issues Investment Trust (LON:RIIIGet Free Report) dropped 1.7% during mid-day trading on Tuesday . The company traded as low as GBX 2,300 ($28.43) and last traded at GBX 2,320 ($28.68). Approximately 1,801 shares changed hands during mid-day trading, a decline of 30% from the average daily volume of 2,576 shares. The stock had previously closed at GBX 2,360 ($29.17).

Rights & Issues Investment Trust Trading Down 1.3 %

The stock’s 50-day simple moving average is GBX 2,346.30 and its 200-day simple moving average is GBX 2,375.90. The stock has a market cap of £119.62 million, a price-to-earnings ratio of 3,672.13 and a beta of 0.74.

Rights & Issues Investment Trust Company Profile

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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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