RIT Capital Partners (LON:RCP) Announces Earnings Results

RIT Capital Partners (LON:RCP) posted its earnings results on Monday. The company reported GBX (6.40) (($0.08)) earnings per share for the quarter, Digital Look Earnings reports. RIT Capital Partners had a return on equity of 4.70% and a net margin of 162.20%.

RIT Capital Partners Stock Performance

RCP stock opened at GBX 1,929 ($24.51) on Tuesday. RIT Capital Partners has a one year low of GBX 1,698 ($21.58) and a one year high of GBX 2,030 ($25.80). The firm has a 50-day simple moving average of GBX 1,963.15 and a two-hundred day simple moving average of GBX 1,894.23. 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 firm has a market cap of £2.78 billion, a price-to-earnings ratio of 16.68 and a beta of 0.40.

Insiders Place Their Bets

In related news, insider Helena Coles purchased 1,002 shares of the business’s stock in a transaction on Friday, December 13th. The shares were acquired at an average price of GBX 1,996 ($25.37) per share, for a total transaction of £19,999.92 ($25,416.09). Corporate insiders own 41.36% of the company’s stock.

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).