Rights & Issues Investment Trust (LON:RIII) Shares Down 1.7% – What’s Next?

Rights & Issues Investment Trust (LON:RIIIGet Free Report)’s share price dropped 1.7% during trading on Tuesday . The company traded as low as GBX 2,300 ($28.69) and last traded at GBX 2,320 ($28.94). Approximately 1,801 shares changed hands during mid-day trading, a decline of 30% from the average daily volume of 2,576 shares. The stock had previously closed at GBX 2,360 ($29.44).

Rights & Issues Investment Trust Price Performance

The stock has a market capitalization of £123.89 million, a P/E ratio of 3,803.28 and a beta of 0.74. The stock has a fifty day moving average price of GBX 2,345.66 and a 200 day moving average price of GBX 2,376.88.

Rights & Issues Investment Trust Company Profile

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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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