Ruffer Investment (LON:RICA) Stock Crosses Below Two Hundred Day Moving Average – Should You Sell?

Ruffer Investment Company Limited (LON:RICAGet Free Report)’s stock price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 301.81 and traded as low as GBX 297.50. Ruffer Investment shares last traded at GBX 298.50, with a volume of 558,297 shares traded.

Ruffer Investment Stock Performance

The company’s fifty day moving average price is GBX 295.79 and its two-hundred day moving average price is GBX 301.81. The firm has a market capitalization of £858.42 million, a PE ratio of 10.53 and a beta of 0.43.

Insider Transactions at Ruffer Investment

In related news, insider Nicholas Pink acquired 5,000 shares of the business’s stock in a transaction on Thursday, June 25th. The shares were bought at an average cost of GBX 292 per share, with a total value of £14,600. Corporate insiders own 0.41% of the company’s stock.

Ruffer Investment Company Profile

(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

Receive News & Ratings for Ruffer Investment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ruffer Investment and related companies with MarketBeat.com's FREE daily email newsletter.