Ruffer Investment (LON:RICA) Issues Quarterly Earnings Results

Ruffer Investment (LON:RICA) posted its quarterly earnings data on Wednesday. The company reported GBX 6.47 EPS 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 Trading Down 0.3%

Shares of RICA traded down GBX 1 during trading hours on Friday, reaching GBX 294.50. The stock had a trading volume of 649,488 shares, compared to its average volume of 890,065. The firm has a 50-day simple moving average of GBX 297.42 and a 200 day simple moving average of GBX 300.70. The company has a market capitalization of £846.92 million, a price-to-earnings 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 other Ruffer Investment news, insider Nicholas Pink bought 8,231 shares of the stock in a transaction dated Friday, October 2nd. The shares were bought at an average cost of GBX 295 per share, for a total transaction of £24,281.45. Insiders own 0.41% of the company’s stock.

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.