Rights & Issues Investment Trust (LON:RIII) Posts Earnings Results

Rights & Issues Investment Trust (LON:RIII) posted its earnings results on Friday. The company reported GBX 49.20 earnings per share for the quarter, Digital Look Earnings reports. Rights & Issues Investment Trust had a net margin of 93.27% and a return on equity of 12.60%.

Rights & Issues Investment Trust Stock Down 0.5%

LON RIII traded down GBX 12.41 during trading hours on Friday, hitting GBX 2,297.59. 4,125 shares of the company were exchanged, compared to its average volume of 6,332. Rights & Issues Investment Trust has a 52 week low of GBX 1,670 and a 52 week high of GBX 2,310. The stock has a 50-day moving average price of GBX 2,062.08 and a 200 day moving average price of GBX 2,078.37. The stock has a market cap of £109.85 million, a PE ratio of 718.00 and a beta of 0.74.

About Rights & Issues Investment Trust

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.