Rights & Issues Investment Trust (LON:RIII) Releases Earnings Results
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Rights & Issues Investment Trust (LON:RIII) reported earnings of GBX 49.20 per share for the quarter, with a net margin of 93.27% and a return on equity of 12.60%. The stock traded down GBX 12.39 to GBX 2,297.61, with a market cap of £109.85 million. The firm, founded in 1963, invests in small-cap companies in the UK and benchmarks against the FTSE All Share index. Analysts currently rate it as a Hold, suggesting other stocks may be better investment options.
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