Shares of Ruffer Investment Company Ltd (LON:RICA) traded down 2.1% on Thursday . The company traded as low as GBX 220 ($2.87) and last traded at GBX 224 ($2.93), 308,389 shares traded hands during mid-day trading. A decline of 2% from the average session volume of 313,911 shares. The stock had previously closed at GBX 228.83 ($2.99).
The stock has a fifty day simple moving average of GBX 220.74 and a two-hundred day simple moving average of GBX 194.82. The stock has a market cap of $404.97 million and a price-to-earnings ratio of -17.92.
The firm also recently announced a dividend, which will be paid on Friday, October 11th. Shareholders of record on Thursday, September 26th will be issued a GBX 0.90 ($0.01) dividend. This represents a dividend yield of 0.4%. The ex-dividend date of this dividend is Thursday, September 26th. Ruffer Investment’s dividend payout ratio is presently -0.16%.
Ruffer Investment Company Limited is a closed-ended balanced mutual fund of funds launched and managed by Ruffer AIFM Limited. The fund invests in public equity and fixed income markets across the globe. It seeks to invest in securities of companies operating across diversified sectors. The fund primarily invests either directly or through other funds in quoted equities or equity related securities and bonds which are issued by corporate issuers, supra-nationals, or government organizations.
See Also: What is a Roth IRA?
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.