Ruffer Investment (LON:RICA) Posts Earnings Results

Ruffer Investment (LON:RICA) posted its quarterly earnings results on Wednesday. The company reported GBX 3 ($0.04) 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

LON RICA opened at GBX 276.50 ($3.58) on Friday. The stock’s fifty day moving average is GBX 274.76 and its two-hundred day moving average is GBX 274.12. The firm has a market capitalization of £889.71 million, a P/E ratio of 100.58 and a beta of 0.25. Ruffer Investment has a fifty-two week low of GBX 261.50 ($3.39) and a fifty-two week high of GBX 289.50 ($3.75).

Insiders Place Their Bets

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

Ruffer Investment Company Profile

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.