RIT Capital Partners (LON:RCP) Share Price Crosses Below 50-Day Moving Average – What’s Next?

RIT Capital Partners (LON:RCPGet Free Report)’s share price passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 2,214.77 and traded as low as GBX 2,210. RIT Capital Partners shares last traded at GBX 2,250, with a volume of 120,853 shares traded.

RIT Capital Partners Stock Performance

The company has a current ratio of 1.41, a quick ratio of 1.06 and a debt-to-equity ratio of 7.81. The stock’s 50 day moving average is GBX 2,216.37 and its 200 day moving average is GBX 2,072.85. The stock has a market capitalization of £3.05 billion, a price-to-earnings ratio of 11.90 and a beta of 0.40.

RIT Capital Partners Company Profile

(Get Free Report)

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.

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