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Ruffer Investment (LON:RICA) Share Price Crosses Above 50-Day Moving Average - Here's Why

Ruffer Investment logo with Financial Services background

Shares of Ruffer Investment Company Limited (LON:RICA - Get Free Report) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 278.49 ($3.73) and traded as high as GBX 280.56 ($3.76). Ruffer Investment shares last traded at GBX 279.50 ($3.75), with a volume of 768,174 shares changing hands.

Ruffer Investment Price Performance

The company has a market capitalization of £902.28 million, a PE ratio of 102.00 and a beta of 0.25. The business's 50 day simple moving average is GBX 278.56 and its 200 day simple moving average is GBX 274.95.

Ruffer Investment (LON:RICA - Get Free Report) last announced its quarterly earnings data on Wednesday, March 12th. The company reported GBX 3 ($0.04) earnings per share for the quarter. Ruffer Investment had a net margin of 51.94% and a return on equity of 0.96%.

Ruffer Investment Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, April 4th. Shareholders of record on Thursday, March 20th were issued a dividend of GBX 2.85 ($0.04) per share. This represents a dividend yield of 1.03%. The ex-dividend date was Thursday, March 20th. Ruffer Investment's payout ratio is 181.87%.

Insider Activity

In other Ruffer Investment news, insider Colleen McHugh purchased 4,000 shares of the business's stock in a transaction on Thursday, March 13th. The stock was bought at an average cost of GBX 276 ($3.70) per share, for a total transaction of £11,040 ($14,804.88). Corporate insiders own 0.23% of the company's stock.

About Ruffer Investment

(Get Free Report)

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.

See Also

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