Ruffer Investment (LON:RICA) Shares Cross Below 50-Day Moving Average – Should You Sell?

Ruffer Investment Company Limited (LON:RICAGet Free Report)’s stock price crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 306.33 and traded as low as GBX 299.46. Ruffer Investment shares last traded at GBX 301, with a volume of 485,240 shares traded.

Ruffer Investment Price Performance

The stock’s 50-day moving average is GBX 306.33 and its two-hundred day moving average is GBX 302.57. The stock has a market cap of £880.86 million, a P/E ratio of 23.64 and a beta of 0.21.

Ruffer Investment (LON:RICAGet Free Report) last issued its earnings results on Wednesday, March 18th. The company reported GBX 3.14 earnings per share for the quarter. Ruffer Investment had a net margin of 62.53% and a return on equity of 4.37%.

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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