Rights & Issues Investment Trust (LON:RIII) Announces Earnings Results

Rights & Issues Investment Trust (LON:RIII) released its quarterly earnings results on Friday. The company reported GBX 42.10 ($0.53) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Rights & Issues Investment Trust had a return on equity of 12.60% and a net margin of 93.27%.

Rights & Issues Investment Trust Stock Performance

Shares of RIII opened at GBX 2,104.85 ($26.59) on Friday. Rights & Issues Investment Trust has a fifty-two week low of GBX 1,930 ($24.38) and a fifty-two week high of GBX 2,500 ($31.59). The firm has a 50-day simple moving average of GBX 2,215.35 and a 200-day simple moving average of GBX 2,317.06. The company has a market capitalization of £101.75 million, a price-to-earnings ratio of 6.69 and a beta of 0.74.

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.