Rights & Issues Investment Trust (LON:RIII) Stock Price Down 0.5% – Should You Sell?

Rights & Issues Investment Trust (LON:RIIIGet Free Report) was down 0.5% during mid-day trading on Wednesday . The company traded as low as GBX 2,060 ($25.92) and last traded at GBX 2,060 ($25.92). Approximately 18,927 shares changed hands during trading, an increase of 278% from the average daily volume of 5,010 shares. The stock had previously closed at GBX 2,070 ($26.05).

Rights & Issues Investment Trust Trading Down 0.5 %

The stock’s fifty day moving average price is GBX 2,226.59 and its 200-day moving average price is GBX 2,321.08. The firm has a market cap of £99.59 million, a price-to-earnings ratio of 6.55 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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