RIT Capital Partners (LON:RCP) Shares Cross Below Fifty Day Moving Average of $1,861.80

RIT Capital Partners (LON:RCP - Get Free Report) passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 1,861.80 ($24.55) and traded as low as GBX 1,700 ($22.42). RIT Capital Partners shares last traded at GBX 1,832 ($24.16), with a volume of 188,521 shares trading hands.

RIT Capital Partners Trading Down 0.5 %

The stock has a market cap of £2.62 billion, a price-to-earnings ratio of 1,128.87 and a beta of 0.40. The business has a 50-day simple moving average of GBX 1,861.80 and a two-hundred day simple moving average of GBX 1,837.10. The company has a debt-to-equity ratio of 7.81, a quick ratio of 1.06 and a current ratio of 1.41.

RIT Capital Partners Dividend Announcement

The firm also recently announced a dividend, which will be paid on Friday, October 25th. Investors of record on Thursday, October 3rd will be issued a dividend of GBX 19.50 ($0.26) per share. This represents a yield of 1.02%. The ex-dividend date is Thursday, October 3rd. RIT Capital Partners's payout ratio is 2,407.41%.

Insider Activity at RIT Capital Partners

In other news, insider Hannah Rothschild sold 53,476 shares of the stock in a transaction dated Friday, August 16th. The shares were sold at an average price of GBX 1,870 ($24.66), for a total transaction of £1,000,001.20 ($1,318,740.87). 41.36% of the stock is owned by insiders.

About RIT Capital Partners

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).