RIT Capital Partners (LON:RCP) Reaches New 12-Month Low – Should You Sell?

RIT Capital Partners (LON:RCP) shares hit a new 52-week low on Monday . The company traded as low as GBX 1,672.20 ($21.55) and last traded at GBX 1,707.47 ($22.01), with a volume of 2027166 shares trading hands. The stock had previously closed at GBX 1,796 ($23.15).

RIT Capital Partners Stock Down 5.3 %

The firm’s 50 day simple moving average is GBX 1,926.44 and its 200-day simple moving average is GBX 1,907.71. The company has a market cap of £2.45 billion, a price-to-earnings ratio of 14.70 and a beta of 0.40. The company has a debt-to-equity ratio of 7.81, a current ratio of 1.41 and a quick ratio of 1.06.

RIT Capital Partners (LON:RCP) last announced its earnings results on Monday, March 3rd. The company reported GBX (6.40) (($0.08)) earnings per share (EPS) for the quarter. RIT Capital Partners had a net margin of 162.20% and a return on equity of 4.70%.

RIT Capital Partners Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, April 25th. Stockholders of record on Thursday, April 3rd will be given a dividend of GBX 21.50 ($0.28) per share. The ex-dividend date is Thursday, April 3rd. This is a positive change from RIT Capital Partners’s previous dividend of $19.50. This represents a dividend yield of 1.14%. RIT Capital Partners’s dividend payout ratio (DPR) is 33.71%.

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).