Ruffer Investment Company Limited (LON:RICA - Get Free Report)'s stock price passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 276.59 ($3.58) and traded as low as GBX 274 ($3.55). Ruffer Investment shares last traded at GBX 275.50 ($3.57), with a volume of 6,273,734 shares traded.
Ruffer Investment Trading Down 0.2 %
The firm has a market capitalization of £889.13 million, a P/E ratio of 100.51 and a beta of 0.25. The stock has a 50 day simple moving average of GBX 276.88 and a 200-day simple moving average of GBX 274.10.
Ruffer Investment (LON:RICA - Get Free Report) last announced its earnings results on Wednesday, March 12th. The company reported GBX 3 ($0.04) earnings per share (EPS) for the quarter. Ruffer Investment had a net margin of 51.94% and a return on equity of 0.96%.
Ruffer Investment Cuts Dividend
The business also recently announced a dividend, which will be paid on Friday, April 4th. Investors of record on Thursday, March 20th will be issued a GBX 2.85 ($0.04) dividend. The ex-dividend date is Thursday, March 20th. This represents a yield of 1.03%. Ruffer Investment's dividend payout ratio is currently 181.87%.
Insider Buying and Selling at Ruffer Investment
In other news, insider Colleen McHugh purchased 4,000 shares of the company's stock in a transaction on Thursday, March 13th. The stock was acquired at an average cost of GBX 276 ($3.57) per share, for a total transaction of £11,040 ($14,289.41). 0.23% of the stock is currently owned by corporate insiders.
About Ruffer Investment
(
Get Free Report)
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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