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

Rights & Issues Investment Trust (LON:RIII)’s share price traded 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). 786 shares were traded during mid-day trading, a decline of 84% from the average session volume of 4,938 shares. The stock had previously closed at GBX 2,360 ($29.79).

Rights & Issues Investment Trust Stock Performance

The stock has a market capitalization of £126.56 million, a price-to-earnings ratio of 3,885.25 and a beta of 0.74. The firm’s 50 day moving average is GBX 2,328.82 and its 200-day moving average is GBX 2,376.64.

About Rights & Issues Investment Trust

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.