Ruffer Investment Company Limited (LON:RICA - Get Free Report) shares passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 278.12 ($3.70) and traded as low as GBX 275.50 ($3.66). Ruffer Investment shares last traded at GBX 277.50 ($3.69), with a volume of 816,998 shares changing hands.
Ruffer Investment Stock Performance
The company has a market cap of £892.93 million, a PE ratio of 100.94 and a beta of 0.25. The stock's 50-day simple moving average is GBX 278.08 and its 200 day simple moving average is GBX 274.46.
Ruffer Investment (LON:RICA - Get Free Report) last posted its quarterly earnings results on Wednesday, March 12th. The company reported GBX 3 ($0.04) earnings per share (EPS) 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 firm also recently declared a dividend, which was paid on Friday, April 4th. Investors of record on Thursday, March 20th were paid a GBX 2.85 ($0.04) dividend. The ex-dividend date of this dividend was Thursday, March 20th. This represents a dividend yield of 1.03%. Ruffer Investment's dividend payout ratio (DPR) is presently 181.87%.
Insiders Place Their Bets
In related news, insider Colleen McHugh bought 4,000 shares of the stock in a transaction on Thursday, March 13th. The shares were bought at an average cost of GBX 276 ($3.67) per share, for a total transaction of £11,040 ($14,675.00). 0.23% of the stock is currently owned by company insiders.
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.
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