Ruffer Investment (LON:RICA) Posts Quarterly Earnings Results

Ruffer Investment (LON:RICA) announced its quarterly earnings results on Wednesday. The company reported GBX 3 ($0.04) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Ruffer Investment had a return on equity of 0.96% and a net margin of 51.94%.

Ruffer Investment Stock Performance

Shares of Ruffer Investment stock traded down GBX 0.98 ($0.01) during trading on Friday, hitting GBX 276.02 ($3.58). 824,268 shares of the stock traded hands, compared to its average volume of 1,116,554. The stock has a market cap of £888.16 million, a P/E ratio of 100.40 and a beta of 0.25. Ruffer Investment has a twelve month low of GBX 261.50 ($3.39) and a twelve month high of GBX 289.50 ($3.75). The company has a fifty day moving average price of GBX 274.76 and a two-hundred day moving average price of GBX 274.12.

Insider Activity

In related news, insider Colleen McHugh acquired 4,000 shares of the business’s stock in a transaction that occurred on Thursday, March 13th. The shares were acquired at an average cost of GBX 276 ($3.58) per share, with a total value of £11,040 ($14,300.52). Also, insider Susie Farnon acquired 5,500 shares of the business’s stock in a transaction that occurred on Thursday, December 19th. The stock was bought at an average cost of GBX 268 ($3.47) per share, for a total transaction of £14,740 ($19,093.26). 0.23% of the stock is owned by corporate insiders.

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.