Ruffer Investment (LON:RICA) Shares Climb 0.3% – Still a Buy?

Ruffer Investment Company Limited (LON:RICA)’s share price was up 0.3% during trading on Monday. The stock traded as high as GBX 296.50 and last traded at GBX 291.50. 396,796 shares traded hands during trading, a decline of 57% from the average daily volume of 924,420 shares. The stock had previously closed at GBX 290.50.

Ruffer Investment Stock Up 0.3%

The stock has a market cap of £822.42 million, a price-to-earnings ratio of 21.66 and a beta of 0.42. The business has a 50-day moving average of GBX 294.53 and a 200-day moving average of GBX 300.23.

Ruffer Investment (LON:RICA) last released its quarterly earnings data on Wednesday, September 30th. The company reported GBX 6.47 EPS for the quarter. Ruffer Investment had a return on equity of 4.46% and a net margin of 68.32%.

Insider Activity at Ruffer Investment

In other Ruffer Investment news, insider Nicholas Pink purchased 8,231 shares of the company’s stock in a transaction dated Friday, October 2nd. The shares were bought at an average price of GBX 295 per share, for a total transaction of £24,281.45. 0.42% of the stock is currently owned by company insiders.

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.