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Rights & Issues Investment Trust (LON:RIII) Stock Price Up 3.4% - Here's Why

Rights & Issues Investment Trust logo with Financial Services background

Rights & Issues Investment Trust (LON:RIII - Get Free Report) rose 3.4% on Friday . The company traded as high as GBX 1,866.38 ($23.85) and last traded at GBX 1,862 ($23.79). Approximately 1,891 shares traded hands during mid-day trading, a decline of 66% from the average daily volume of 5,601 shares. The stock had previously closed at GBX 1,800 ($23.00).

Rights & Issues Investment Trust Trading Down 2.6 %

The company has a market capitalization of £80.97 million, a PE ratio of 5.33 and a beta of 0.74. The business has a fifty day moving average of GBX 1,964.84 and a 200 day moving average of GBX 2,193.40.

Rights & Issues Investment Trust (LON:RIII - Get Free Report) last released its earnings results on Friday, February 21st. The company reported GBX 42.10 ($0.54) EPS for the quarter. Rights & Issues Investment Trust had a return on equity of 12.60% and a net margin of 93.27%.

About Rights & Issues Investment Trust

(Get Free Report)

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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