Rights & Issues Investment Trust (LON:RIII) Shares Up 1.4% – Still a Buy?

Rights & Issues Investment Trust (LON:RIIIGet Free Report) rose 1.4% on Wednesday . The company traded as high as GBX 2,200 ($27.39) and last traded at GBX 2,200 ($27.39). Approximately 590 shares were traded during trading, a decline of 80% from the average daily volume of 2,930 shares. The stock had previously closed at GBX 2,170 ($27.02).

Rights & Issues Investment Trust Stock Performance

The firm has a 50 day moving average price of GBX 2,296.62 and a two-hundred day moving average price of GBX 2,353.17. The company has a market capitalization of £117.48 million, a P/E ratio of 3,606.56 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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