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

Ruffer Investment Company Limited (LON:RICA)’s share price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 295.73 and traded as low as GBX 292.50. Ruffer Investment shares last traded at GBX 294, with a volume of 1,451,889 shares changing hands.

Ruffer Investment Stock Up 0.2%

The stock has a market capitalization of £872.44 million, a P/E ratio of 23.31 and a beta of 0.25. The company has a fifty day moving average price of GBX 295.73 and a 200-day moving average price of GBX 288.66.

Ruffer Investment (LON:RICA) last released its quarterly earnings results on Wednesday, October 1st. The company reported GBX 5.78 earnings per share for the quarter. Ruffer Investment had a return on equity of 0.96% and a net margin of 51.94%.

Insider Buying and Selling at Ruffer Investment

In other Ruffer Investment news, insider Shelagh Mason acquired 6,802 shares of the company’s stock in a transaction on Thursday, October 2nd. The stock was acquired at an average cost of GBX 295 per share, with a total value of £20,065.90. Also, insider Colleen McHugh bought 4,000 shares of the firm’s stock in a transaction dated Wednesday, November 12th. The shares were acquired at an average price of GBX 294 per share, for a total transaction of £11,760. Insiders own 0.40% of the company’s stock.

About Ruffer Investment

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.