RIT Capital Partners (LON:RCP) Stock Passes Above 50 Day Moving Average – Time to Sell?

RIT Capital Partners (LON:RCP)’s stock price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 1,927.86 ($23.72) and traded as high as GBX 1,960 ($24.12). RIT Capital Partners shares last traded at GBX 1,960 ($24.12), with a volume of 356,213 shares changing hands.

RIT Capital Partners Stock Performance

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 has a 50 day moving average of GBX 1,927.86 and a 200 day moving average of GBX 1,869.78. The stock has a market capitalization of £2.79 billion, a P/E ratio of 1,198.77 and a beta of 0.40.

Insider Buying and Selling at RIT Capital Partners

In other RIT Capital Partners news, insider Helena Coles purchased 1,002 shares of RIT Capital Partners stock in a transaction on Friday, December 13th. The stock was bought at an average price of GBX 1,996 ($24.56) per share, for a total transaction of £19,999.92 ($24,609.23). 41.36% of the stock is currently owned by company insiders.

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).