Ruffer Investment (LON:RICA) Releases Earnings Results

Ruffer Investment (LON:RICA) posted its quarterly earnings data on Wednesday. The company reported GBX 6.47 earnings per share for the quarter, Digital Look Earnings reports. Ruffer Investment had a net margin of 121.50% and a return on equity of 10.00%.

Ruffer Investment Stock Performance

Shares of RICA stock traded down GBX 1 during midday trading on Friday, reaching GBX 294.50. 649,488 shares of the company were exchanged, compared to its average volume of 890,065. The company’s 50 day moving average price is GBX 297.43 and its two-hundred day moving average price is GBX 300.66. The company has a market cap of £846.92 million, a P/E ratio of 10.39 and a beta of 0.43. Ruffer Investment has a 12 month low of GBX 281.26 and a 12 month high of GBX 319.

Insider Activity at Ruffer Investment

In related news, insider Nicholas Pink acquired 8,231 shares of the stock in a transaction that occurred on Friday, October 2nd. The shares were acquired at an average price of GBX 295 per share, for a total transaction of £24,281.45. 0.41% of the stock is owned by corporate 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.