Rights & Issues Investment Trust (LON:RIII) Trading Up 0.4% – Here’s Why

Rights & Issues Investment Trust (LON:RIIIGet Free Report)’s share price was up 0.4% during trading on Friday . The stock traded as high as GBX 2,370 ($29.91) and last traded at GBX 2,370 ($29.91). Approximately 786 shares traded 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 has a fifty day moving average price of GBX 2,328.82 and a two-hundred day moving average price of GBX 2,377.31. The company has a market capitalization of £126.56 million, a P/E 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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