Rights & Issues Investment Trust (LON:RIII) Stock Price Down 0.6% – Here’s Why

Rights & Issues Investment Trust (LON:RIIIGet Free Report) shares fell 0.6% on Thursday . The company traded as low as GBX 2,432 and last traded at GBX 2,455. 14,476 shares were traded during trading, an increase of 130% from the average daily volume of 6,283 shares. The stock had previously closed at GBX 2,470.

Rights & Issues Investment Trust Stock Performance

The company has a market cap of £116.04 million, a PE ratio of 25.03 and a beta of 0.94. The firm’s 50 day moving average is GBX 2,312.68 and its 200-day moving average is GBX 2,209.53.

Rights & Issues Investment Trust (LON:RIIIGet Free Report) last released its earnings results on Thursday, August 6th. The company reported GBX 132 earnings per share for the quarter. Rights & Issues Investment Trust had a net margin of 23.36% and a return on equity of 4.92%.

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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