Ruffer Investment (LON:RICA) Stock: Insider Nicholas Pink Acquires 8,231 Shares

Ruffer Investment Company Limited (LON:RICA) insider Nicholas Pink acquired 8,231 shares of the business’s stock in a transaction that occurred on Friday, October 2nd. The shares were purchased at an average cost of GBX 295 per share, with a total value of £24,281.45.

Ruffer Investment Price Performance

Shares of LON RICA traded down GBX 1 during mid-day trading on Friday, hitting GBX 294.50. 649,488 shares of the stock traded hands, compared to its average volume of 890,065. Ruffer Investment Company Limited has a twelve month low of GBX 281.26 and a twelve month high of GBX 319. The company has a market cap of £846.92 million, a PE ratio of 10.39 and a beta of 0.43. The firm has a 50 day simple moving average of GBX 297.42 and a two-hundred day simple moving average of GBX 300.70.

Ruffer Investment (LON:RICA) last posted its quarterly earnings data on Wednesday, September 30th. The company reported GBX 6.47 earnings per share for the quarter. Ruffer Investment had a net margin of 121.50% and a return on equity of 10.00%.

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.