Ruffer Investment (LON:RICA) Sets New 12-Month High – What’s Next?

Ruffer Investment Company Limited (LON:RICA)’s stock price hit a new 52-week high during trading on Monday . The company traded as high as GBX 306 ($4.08) and last traded at GBX 303.42 ($4.04), with a volume of 175185 shares trading hands. The stock had previously closed at GBX 301.50 ($4.02).

Ruffer Investment Stock Up 0.6%

The stock has a market cap of £900.38 million, a PE ratio of 24.06 and a beta of 0.25. The stock has a fifty day moving average of GBX 289.73 and a 200-day moving average of GBX 284.49.

Ruffer Investment (LON:RICA) last posted its quarterly earnings data on Wednesday, October 1st. The company reported GBX 5.78 EPS for the quarter. Ruffer Investment had a return on equity of 0.96% and a net margin of 51.94%.

Insider Activity at Ruffer Investment

In related news, insider Shelagh Mason purchased 6,802 shares of the firm’s stock in a transaction that occurred on Thursday, October 2nd. The stock was purchased at an average cost of GBX 295 per share, with a total value of £20,065.90. 0.39% of the stock is owned by company insiders.

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.