Ruffer Investment (LON:RICA) Announces Earnings Results

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

RICA traded down GBX 0.98 ($0.01) during trading on Friday, reaching GBX 276.02 ($3.58). The company had a trading volume of 824,268 shares, compared to its average volume of 1,116,554. The firm’s 50-day simple moving average is GBX 274.76 and its 200 day simple moving average is GBX 274.12. The company has a market cap of £888.16 million, a price-to-earnings ratio of 100.40 and a beta of 0.25. Ruffer Investment has a 12-month low of GBX 261.50 ($3.39) and a 12-month high of GBX 289.50 ($3.75).

Insider Buying and Selling

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