Ruffer Investment (LON:RICA) Stock Crosses Above Fifty Day Moving Average – What’s Next?

Ruffer Investment Company Limited (LON:RICAGet Free Report) passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 295.26 and traded as high as GBX 299.89. Ruffer Investment shares last traded at GBX 298, with a volume of 1,127,276 shares trading hands.

Ruffer Investment Stock Performance

The firm’s 50 day moving average is GBX 295.16 and its two-hundred day moving average is GBX 302.28. The stock has a market capitalization of £873.59 million, a PE ratio of 10.51 and a beta of 0.43.

Insider Buying and Selling

In other Ruffer Investment news, insider Nicholas Pink purchased 5,000 shares of the company’s stock in a transaction on Thursday, June 25th. The stock was acquired at an average price of GBX 292 per share, for a total transaction of £14,600. 0.40% of the stock is 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.

Further Reading

Receive News & Ratings for Ruffer Investment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ruffer Investment and related companies with MarketBeat.com's FREE daily email newsletter.