Ruffer Investment Company Limited (LON:RICA - Get Free Report)'s stock price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 273.69 ($3.54) and traded as high as GBX 278.06 ($3.59). Ruffer Investment shares last traded at GBX 277 ($3.58), with a volume of 773,938 shares traded.
Ruffer Investment Price Performance
The company has a market capitalization of £883.65 million, a PE ratio of 99.89 and a beta of 0.25. The stock's 50 day simple moving average is GBX 273.97 and its 200-day simple moving average is GBX 274.16.
Insiders Place Their Bets
In related news, insider Susie Farnon acquired 5,500 shares of the stock in a transaction dated Thursday, December 19th. The stock was acquired at an average cost of GBX 268 ($3.46) per share, with a total value of £14,740 ($19,046.39). Insiders own 0.23% of the company's stock.
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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