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RIT Capital Partners (LON:RCP) Shares Cross Above 50-Day Moving Average - Time to Sell?

RIT Capital Partners logo with Financial Services background

Shares of RIT Capital Partners (LON:RCP - Get Free Report) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 1,956.34 ($24.42) and traded as high as GBX 2,015 ($25.15). RIT Capital Partners shares last traded at GBX 2,005 ($25.03), with a volume of 199,875 shares traded.

RIT Capital Partners Stock Performance

The stock has a market cap of £2.88 billion, a P/E ratio of 1,237.65 and a beta of 0.40. The company has a debt-to-equity ratio of 7.81, a current ratio of 1.41 and a quick ratio of 1.06. The stock has a 50-day simple moving average of GBX 1,956.34 and a 200-day simple moving average of GBX 1,881.36.

Insider Activity at RIT Capital Partners

In other news, insider Helena Coles acquired 1,002 shares of the business's stock in a transaction that occurred on Friday, December 13th. The shares were bought at an average price of GBX 1,996 ($24.92) per share, with a total value of £19,999.92 ($24,965.57). 41.36% of the stock is owned by insiders.

RIT Capital Partners Company Profile

(Get Free Report)

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).

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