Shares of Ruffer Investment Company Limited (LON:RICA - Get Free Report) passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 278.05 ($3.72) and traded as low as GBX 277.50 ($3.71). Ruffer Investment shares last traded at GBX 280 ($3.75), with a volume of 942,426 shares.
Ruffer Investment Price Performance
The stock has a 50 day moving average price of GBX 278.22 and a two-hundred day moving average price of GBX 273.46. The company has a market capitalization of £984.19 million, a price-to-earnings ratio of -1,326.19 and a beta of 0.24.
Ruffer Investment Increases Dividend
The business also recently disclosed a dividend, which will be paid on Friday, October 11th. Shareholders of record on Thursday, September 26th will be given a GBX 3.10 ($0.04) dividend. This represents a yield of 1.12%. The ex-dividend date of this dividend is Thursday, September 26th. This is a boost from Ruffer Investment's previous dividend of $2.00. Ruffer Investment's dividend payout ratio (DPR) is presently -1,904.76%.
Insider Transactions at Ruffer Investment
In other news, insider Colleen McHugh acquired 5,000 shares of Ruffer Investment stock in a transaction on Monday, August 19th. The shares were purchased at an average price of GBX 279 ($3.73) per share, with a total value of £13,950 ($18,659.71). 0.22% of the stock is owned by company insiders.
About Ruffer Investment
(
Get Free Report)
Ruffer Investment Company Limited is a closed-ended balanced mutual fund of funds launched and managed by Ruffer AIFM Limited. The fund invests in public equity and fixed income markets across the globe. It seeks to invest in securities of companies operating across diversified sectors. The fund primarily invests either directly or through other funds in quoted equities or equity related securities and bonds which are issued by corporate issuers, supra-nationals, or government organizations.
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