Ruffer Investment (LON:RICA) Hits New 12-Month High – Time to Buy?

Ruffer Investment Company Limited (LON:RICA) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 319 and last traded at GBX 312.36, with a volume of 480232 shares traded. The stock had previously closed at GBX 307.50.

Ruffer Investment Price Performance

The firm has a market cap of £921.32 million, a PE ratio of 24.75 and a beta of 0.24. The company’s 50 day moving average price is GBX 303.49 and its 200 day moving average price is GBX 296.92.

About Ruffer Investment

Ruffer Investment Company Limited has a simple aim – consistent positive returns, regardless of how the financial markets perform.

We try not to lose money in any 12 month period, and to grow the value of our investors’ wealth over the long haul.

If we can do this, we should outpace inflation, protecting and increasing the real value of our investors’ income and capital.

The specific investment objective of the Company is to produce a positive total return greater than twice Bank of England Bank Rate.