Rights & Issues Investment Trust (LON:RIII) Trading Down 0.3% – Time to Sell?

Rights & Issues Investment Trust (LON:RIII)’s share price was down 0.3% on Monday . The stock traded as low as GBX 2,100 ($28.01) and last traded at GBX 2,100 ($28.01). Approximately 3,736 shares were traded during mid-day trading, a decline of 22% from the average daily volume of 4,803 shares. The stock had previously closed at GBX 2,106.40 ($28.09).

Rights & Issues Investment Trust Stock Down 0.3%

The company has a market cap of £100.40 million, a price-to-earnings ratio of 65,625.00 and a beta of 0.74. The company’s fifty day moving average price is GBX 2,133.30 and its two-hundred day moving average price is GBX 2,061.35.

Rights & Issues Investment Trust (LON:RIII) last released its quarterly earnings results on Thursday, August 7th. The company reported GBX 26.40 earnings per share for the quarter. Rights & Issues Investment Trust had a net margin of 93.27% and a return on equity of 12.60%.

About Rights & Issues Investment Trust

Rights and Issues Investment Trust Public Limited Company is a self-managed investment trust. The firm invests in public equity markets of the United Kingdom. It invests in stocks of small-cap companies. The firm benchmarks the performance of its portfolio against the FTSE All share index. Rights and Issues Investment Trust Public Limited Company was founded in 1963 and is based in London, United Kingdom.