Ruffer Investment (LON:RICA) Share Price Passes Below Fifty Day Moving Average – Should You Sell?

Ruffer Investment Company Limited (LON:RICA) shares passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 296.15 and traded as low as GBX 288.50. Ruffer Investment shares last traded at GBX 292.50, with a volume of 4,018,717 shares trading hands.

Ruffer Investment Stock Performance

The company has a market cap of £878.82 million, a P/E ratio of 10.51 and a beta of 0.43. The firm has a 50 day moving average price of GBX 295.75 and a 200-day moving average price of GBX 302.47.

Insider Transactions at Ruffer Investment

In other news, insider Nicholas Pink bought 5,000 shares of the stock in a transaction that occurred on Thursday, June 25th. The shares were acquired at an average cost of GBX 292 per share, for a total transaction of £14,600. Insiders own 0.40% 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.