Shares of Ruffer Investment Company Limited (LON:RICA – Get Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 301.81 and traded as low as GBX 297.50. Ruffer Investment shares last traded at GBX 298.50, with a volume of 558,297 shares.
Ruffer Investment Stock Performance
The firm has a market cap of £858.42 million, a price-to-earnings ratio of 10.53 and a beta of 0.43. The business’s 50 day moving average price is GBX 295.79 and its 200-day moving average price is GBX 301.81.
Insider Buying and Selling
In other news, insider Nicholas Pink acquired 5,000 shares of the stock in a transaction that occurred on Thursday, June 25th. The stock was purchased at an average cost of GBX 292 per share, with a total value of £14,600. Company insiders own 0.41% of the company’s stock.
Ruffer Investment Company Profile
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.
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