Rights & Issues Investment Trust (LON:RIII) Trading Up 0.4% – What’s Next?

Rights & Issues Investment Trust (LON:RIIIGet Free Report)’s stock price rose 0.4% during trading on Friday . The company traded as high as GBX 2,370 ($29.91) and last traded at GBX 2,370 ($29.91). Approximately 786 shares changed hands during mid-day trading, a decline of 84% from the average daily volume of 4,938 shares. The stock had previously closed at GBX 2,360 ($29.79).

Rights & Issues Investment Trust Price Performance

The company’s 50-day moving average price is GBX 2,328.82 and its two-hundred day moving average price is GBX 2,377.31. The company has a market capitalization of £126.56 million, a price-to-earnings ratio of 3,885.25 and a beta of 0.74.

About Rights & Issues Investment Trust

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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.

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