Ruffer Investment (LON:RICA) Shares Down 0.3% – What’s Next?

Ruffer Investment Company Limited (LON:RICA)’s stock price fell 0.3% on Monday . The stock traded as low as GBX 290 and last traded at GBX 293.50. 3,767,595 shares changed hands during trading, an increase of 78% from the average session volume of 2,116,222 shares. The stock had previously closed at GBX 294.50.

Ruffer Investment Price Performance

The firm’s fifty day moving average is GBX 295.04 and its 200 day moving average is GBX 290.04. The firm has a market capitalization of £870.95 million, a price-to-earnings ratio of 23.28 and a beta of 0.25.

Insiders Place Their Bets

In other Ruffer Investment news, insider Colleen McHugh purchased 4,000 shares of the company’s stock in a transaction dated Wednesday, November 12th. The shares were bought at an average price of GBX 294 per share, for a total transaction of £11,760. Insiders own 0.40% of the company’s stock.

About Ruffer Investment

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.