Ruffer Investment (LON:RICA) Shares Up 0.3% – Still a Buy?

Ruffer Investment Company Limited (LON:RICA) shot up 0.3% during trading on Monday. The company traded as high as GBX 296.50 and last traded at GBX 291.50. Approximately 396,796 shares traded hands during trading, a decline of 57% from the average daily volume of 924,420 shares. The stock had previously closed at GBX 290.50.

Ruffer Investment Price Performance

The stock has a market cap of £825.24 million, a P/E ratio of 21.73 and a beta of 0.42. The company has a fifty day moving average of GBX 294.25 and a 200 day moving average of GBX 300.09.

Ruffer Investment (LON:RICA) last issued its quarterly earnings results on Wednesday, September 30th. The company reported GBX 6.47 earnings per share (EPS) for the quarter. Ruffer Investment had a return on equity of 4.46% and a net margin of 68.32%.

Insider Transactions at Ruffer Investment

In other news, insider Nicholas Pink bought 8,231 shares of the 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. 0.42% of the stock is currently owned by insiders.

Ruffer Investment Company Profile

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.