RIT Capital Partners (LON:RCP) Share Price Crosses Below Fifty Day Moving Average of $1,781.44

RIT Capital Partners (LON:RCP) shares crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 1,781.44 ($22.18) and traded as low as GBX 1,778 ($22.13). RIT Capital Partners shares last traded at GBX 1,794 ($22.33), with a volume of 195,164 shares traded.

RIT Capital Partners Trading Down 0.2 %

The stock has a 50-day simple moving average of GBX 1,781.44 and a 200 day simple moving average of GBX 1,802. The company has a current ratio of 1.46, a quick ratio of 1.06 and a debt-to-equity ratio of 10.62. The company has a market cap of £2.63 billion, a price-to-earnings ratio of -1,220.41 and a beta of 0.45.

RIT Capital Partners Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, April 26th. Shareholders of record on Thursday, April 4th will be given a dividend of GBX 19.50 ($0.24) per share. The ex-dividend date of this dividend is Thursday, April 4th. This represents a yield of 1.1%. This is a boost from RIT Capital Partners’s previous dividend of $19.00. RIT Capital Partners’s payout ratio is currently -2,585.03%.

RIT Capital Partners Company Profile

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).