RIT Capital Partners (LON:RCP) Shares Pass Below 50-Day Moving Average of $1,781.44

RIT Capital Partners (LON:RCP) shares passed below its fifty day moving average during trading on Monday . The stock has a fifty 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 changing hands.

RIT Capital Partners Stock Performance

The company has a debt-to-equity ratio of 10.62, a current ratio of 1.46 and a quick ratio of 1.06. The stock’s 50 day simple moving average is GBX 1,777.16 and its two-hundred day simple moving average is GBX 1,800.84. The stock has a market cap of £2.63 billion, a P/E ratio of -1,214.97 and a beta of 0.45.

RIT Capital Partners Increases Dividend

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