Insider Buying: Ruffer Investment (LON:RICA) Insider Buys £24,281.45 in Stock

Ruffer Investment Company Limited (LON:RICA) insider Nicholas Pink acquired 8,231 shares of the business’s stock in a transaction that occurred on Friday, October 2nd. The stock was bought at an average cost of GBX 295 per share, for a total transaction of £24,281.45.

Ruffer Investment Stock Down 0.3%

RICA stock opened at GBX 294.50 on Monday. The company’s fifty day simple moving average is GBX 297.43 and its 200 day simple moving average is GBX 300.61. The firm has a market cap of £846.92 million, a price-to-earnings ratio of 21.88 and a beta of 0.43. Ruffer Investment Company Limited has a 12-month low of GBX 281.26 and a 12-month high of GBX 319.

Ruffer Investment (LON:RICA) last announced its earnings results on Wednesday, September 30th. The company reported GBX 6.47 earnings per share (EPS) for the quarter. Ruffer Investment had a net margin of 121.50% and a return on equity of 10.00%.

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.