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Ryder Capital Ltd. ( (AU:RYD) ) has provided an announcement.
Ryder Capital Limited reported a pre-tax NTA increase of 3.34% in November, despite a volatile equity market. The company’s strong performance was driven by gains in Macmahon Holdings and other investments, while detractors included BCI Minerals and Fleetwood. Ryder Capital also adjusted its portfolio by increasing positions in OFX Group and Hillgrove Resources, supporting Airtasker’s capital raise, and completing its exit from Fleetwood. The company remains committed to its absolute-return, value-driven strategy, focusing on ASX-listed small/micro-caps for medium to long-term growth.
More about Ryder Capital Ltd.
Ryder Capital Limited, listed in September 2015, is managed by Ryder Investment Management Pty Ltd, a Sydney-based boutique fund manager. The company specializes in small-cap Australian equities, employing a high-conviction, value-driven investment strategy focused on medium to long-term capital growth. The investment manager emphasizes generating strong absolute returns and is aligned as a significant shareholder.
Average Trading Volume: 86,569
Technical Sentiment Signal: Buy
Learn more about RYD stock on TipRanks’ Stock Analysis page.