Free Trial

RIT Capital Partners (LON:RCP) Stock Crosses Above Fifty Day Moving Average - Here's Why

RIT Capital Partners logo with Financial Services background

RIT Capital Partners (LON:RCP - Get Free Report)'s stock price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 1,972.43 ($24.81) and traded as high as GBX 1,983.10 ($24.95). RIT Capital Partners shares last traded at GBX 1,944 ($24.46), with a volume of 366,364 shares traded.

RIT Capital Partners Stock Down 0.7 %

The company has a debt-to-equity ratio of 7.81, a quick ratio of 1.06 and a current ratio of 1.41. The stock's 50-day moving average price is GBX 1,970.21 and its two-hundred day moving average price is GBX 1,888.82. The stock has a market capitalization of £2.77 billion, a PE ratio of 16.61 and a beta of 0.40.

Insider Buying and Selling

In other RIT Capital Partners news, insider Helena Coles bought 1,002 shares of the stock in a transaction dated Friday, December 13th. The stock was purchased at an average cost of GBX 1,996 ($25.11) per share, for a total transaction of £19,999.92 ($25,160.30). 41.36% of the stock is currently owned by insiders.

About RIT Capital Partners

(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).

Read More

Should You Invest $1,000 in RIT Capital Partners Right Now?

Before you consider RIT Capital Partners, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and RIT Capital Partners wasn't on the list.

While RIT Capital Partners currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Elon Musk's Next Move Cover

Wondering when you'll finally be able to invest in SpaceX, Starlink, or X.AI? Enter your email address to learn when Elon Musk will let these companies finally IPO.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

NVIDIA Earnings: Will it Spark a Rally or Trigger a Sell-Off?
Marjorie Taylor Greene Bought THOUSANDS in Tesla Stock
The EXACT Date of Next Stock Market Crash

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines