Ruffer Investment (LON:RICA) Share Price Crosses Below Fifty Day Moving Average – What’s Next?

Ruffer Investment Company Limited (LON:RICAGet Free Report) 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.

Ruffer Investment Stock Up 0.2%

The stock has a fifty day moving average of GBX 296.15 and a two-hundred day moving average of GBX 302.52. The stock has a market cap of £864.24 million, a price-to-earnings ratio of 10.34 and a beta of 0.43.

Insider Activity at Ruffer Investment

In other news, insider Nicholas Pink acquired 5,000 shares of Ruffer Investment stock in a transaction dated Thursday, June 25th. The shares were acquired at an average cost of GBX 292 per share, with a total value of £14,600. 0.40% of the stock is currently owned by company insiders.

About Ruffer Investment

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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.

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