Rights & Issues Investment Trust

(RIII)
Sector: Open End and Miscellaneous Investment Vehicles
2,320.00p
-40.00p -1.69
Last updated: 16:40:00

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Today's buy and sell prices

The price at which you can buy a share or investment. It is usually higher than the bid (sell) price. It’s the price you are being offered. Offer 2,400.00p
The price at which you can sell a share or investment. It is lower than the offer (buy) price. Bid 2,240.00p
The difference between the bid and offer prices expressed as a percentage. When you buy shares you pay a higher price than you get when you sell them. The difference between these prices is the profit made by the market maker who puts the deals together. Spread 6.67

Today's trading

Range The lowest and the highest price a share has reached in the trading day. 2,320.00p-2,360.00p
The lowest and the highest price a share has reached in the trading day. Volume 3,701.00
The lowest and the highest price a share has reached in the trading day. Today's open 2,320.00p
At the end of the trading day there is an official closing price for every share. The previous session’s close is used as the base to calculate the following day’s price changes. Previous close 2,320.00p

Yearly summary

The highest and lowest prices the shares have traded at over a rolling 52-week period. It gives you a good indication of how the share price is performing now relative to its recent past performance. 52wk range 1,820.00p-2,500.00p

Fundamentals and health

A measure of the company's worth on the stock market. We display the previous closing share price multiplied by the number of shares in issue. Market capitalisation £115.11
The number of shares a company has in circulation, in millions. Shares in issue 5.30
The main valuation used by investors and a way of gauging whether a company's share price is cheap or expensive compared to competitors. You get PE by dividing the share price by the earnings per share (EPS). Our figure is last basic unadjusted - reported - annual EPS / current share price x 100. Companies also quote adjusted EPS figures to remove the effect of one-off exceptional figures from the profit figures. There is debate among investors as to whether this should be used. We use basic EPS – the purest figure. PE ratio 48.6
PEG ratio n/a
An important ratio for showing how much profit after tax and other deductions (net profit) is actually being earned per share. You divide the net profit by the number of shares in issue. Expressed in pence per share. Looking at whether the EPS is rising or falling over time is one of the most important indicators of whether a company is really making money for its shareholders. Our figure is undiluted, meaning it is not adjusted for exceptional costs. EPS 38.90p
Earnings per share growth illustrates the growth of earning per share over the last two reporting periods. It helps investors identify stocks that are increasing or decreasing in profitability. A minus sign indicates negative growth. EPS growth n/a
Return on capital employed measures a company's profitability in relation to how much capital is invested in the business. Generally, the higher the figure the better but with all these ratios it is best to compare companies from the same sector. A high double digit figure may mean a company has an advantage over its competitors because of a unique product but an oil company, for example, will have higher capital outlay than an online retailer. Our formula: [Pre-tax profit / (total assets – short-term liabilities)] * 100 ROCE n/a
Also known as the acid test ratio, it's a quick guide to how well a company can pay its short-term debts. Above 1 is considered healthy. A ratio of 1.5 would mean the company has £1.50 of liquid (accessible) assets to cover each £1 of debt (current liabilities). Formula: Current assets minus inventory / current liabilities. Quick ratio n/a
Indicates whether a company can convert assets into cash to pay its debts within the next 12 months. It is calculated as current assets / current liabilities for the same period but will display as '0' for companies such as banks that don't distinguish between short and long-term liabilities. Current ratio 25.38
The amount of money a company paid to a shareholder for each share they own over the past 12 months, expressed in pence. Total dividends per share 11.75p
The dividends paid per share over the past 12 months (interim plus final) as a percentage of the share price. Our figure includes recurring special dividends. Dividend yield 2.1
The number of times the dividend could have been paid out from net profits. It is a good indicator of the company's ability to pay the dividend and its level of generosity. Formula: earnings per share / dividends per share. More than 2 is considered healthy, less than 1.5 may hint that a dividend is at risk of being cut. Dividend cover 0.97
Dividend per share growth 15.11

Rights & Issues Investment Trust Fundamentals

The Company is a split capital trust consisting of Capital shares (RIIC), Income shares (RIII) and 5.5% Cumulative Preference shares (45ID). The Trust invests in equities with an emphasis on smaller companies. UK smaller companies, listed on either the LSE or AIM, will normally constitute at least 80% of the investment portfolio. The portfolio is then managed on a medium-term basis with a low level of turnover of investments to minimise transaction costs and ensure a medium-term consistency of the investment approach.

Rights & Issues Investment Trust Regulatory news

Date Time Headline Source
08/11/2024 17:08 Transaction in Own Shares RNS
08/11/2024 10:35 Net Asset Value(s) RNS
07/11/2024 12:53 Net Asset Value(s) RNS
06/11/2024 10:22 Net Asset Value(s) RNS
05/11/2024 11:11 Net Asset Value(s) RNS
04/11/2024 17:17 Transaction in Own Shares RNS
04/11/2024 11:07 Net Asset Value(s) RNS
01/11/2024 17:03 Transaction in Own Shares RNS
01/11/2024 11:44 Net Asset Value(s) RNS
01/11/2024 08:51 Total Voting Rights RNS

Rights & Issues Investment Trust Latest trades

Latest trades

Date Time Price Amount Value Type Buy / sell
08/11/2024 16:35:01 2320p 1 £23.20 PC Sell
08/11/2024 16:35:01 2320p 1 £23.20 Sell
08/11/2024 16:15:02 2320p 660 £15,312.00 O Sell
08/11/2024 16:11:02 2320p 151 £3,503.20 O Sell
08/11/2024 16:08:02 2322p 3 £69.66 O Sell

Analysis

Buy Sell
Quantity 0 10
Volume 0 3,702
Value £0 £85,958

Rights & Issues Investment Trust Director dealings

Trade date Director Volume / Price Trade value Trade type
05/11/2019 David M. Best 480 @ 1,991.10p £9,557.28 Buy
27/06/2018 S J B Knott 11,111 @ 0.00 0.00 Buy
22/08/2012 Philip Bramwell 2,625 @ 675.00p £17,718.75 Buy
18/04/2012 S J B Knott 0 @ 0.00 0.00 Notification of Holding
18/04/2012 S J B Knott 0 @ 0.00 0.00 Notification of Holding
18/04/2012 S. H. J. A. Knott 0 @ 0.00 0.00 Notification of Holding
05/04/2012 S. H. J. A. Knott 0 @ 0.00 0.00 Notification of Holding
14/09/2004 Philip Bramwell 10,000 @ 560.00p £56,000.00 Buy
10/10/2002 S J B Knott 25,000 @ 425.00p £106,250.00 Buy
22/04/2002 S J B Knott 100,000 @ 540.00p £540,000.00 Buy

Rights & Issues Investment Trust Broker views

Date Broker Recomm. Old target price New target price Notes
08/06/2022 Shore Capital house stock - - reiteration
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