Ruffer Investment Company Limited (LON:RICA - Get Free Report)'s stock price crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 284.14 ($3.83) and traded as low as GBX 283 ($3.82). Ruffer Investment shares last traded at GBX 283.50 ($3.82), with a volume of 437,062 shares changing hands.
Ruffer Investment Price Performance
The business's 50-day simple moving average is GBX 284.14 and its 200-day simple moving average is GBX 281.18. The stock has a market cap of £849.52 million, a PE ratio of -19,791.67 and a beta of 0.25.
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.
Further Reading
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