RIT Capital Partners (LON:RCP) Stock Price Crosses Above 50-Day Moving Average – Time to Sell?

RIT Capital Partners (LON:RCP)’s share price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 2,223.91 and traded as high as GBX 2,240. RIT Capital Partners shares last traded at GBX 2,219.82, with a volume of 107,284 shares.

RIT Capital Partners Stock Up 0.2%

The firm has a market cap of £3.03 billion, a PE ratio of 11.84 and a beta of 0.40. The company has a quick ratio of 1.06, a current ratio of 1.41 and a debt-to-equity ratio of 7.81. The business has a 50-day moving average price of GBX 2,223.41 and a two-hundred day moving average price of GBX 2,120.14.

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). 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.