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Rights & Issues Investment Trust (LON:RIII) Trading 0.4% Higher - Still a Buy?

Rights & Issues Investment Trust logo with Financial Services background

Rights & Issues Investment Trust (LON:RIII - Get Free Report) was up 0.4% on Friday . The company traded as high as GBX 2,370 ($29.91) and last traded at GBX 2,370 ($29.91). Approximately 786 shares traded hands during mid-day trading, a decline of 84% from the average daily volume of 4,938 shares. The stock had previously closed at GBX 2,360 ($29.79).

Rights & Issues Investment Trust Stock Up 0.4 %

The stock has a market cap of £126.56 million, a price-to-earnings ratio of 3,885.25 and a beta of 0.74. The company's 50-day moving average is GBX 2,328.82 and its 200-day moving average is GBX 2,377.31.

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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