Ruffer Investment (LON:RICA) Stock Price Passes Below 50 Day Moving Average of $272.31

Shares of Ruffer Investment Company Limited (LON:RICA) passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 272.31 ($3.46) and traded as low as GBX 267.50 ($3.40). Ruffer Investment shares last traded at GBX 272 ($3.46), with a volume of 990,075 shares trading hands.

Ruffer Investment Stock Down 0.4 %

The firm has a 50-day moving average of GBX 272.31 and a two-hundred day moving average of GBX 268.51. The stock has a market capitalization of £989.80 million, a price-to-earnings ratio of -1,295.24 and a beta of 0.24.

Insider Buying and Selling at Ruffer Investment

In related news, insider Solomon Soquar acquired 10,000 shares of the company’s stock in a transaction on Thursday, May 30th. The shares were purchased at an average price of GBX 274 ($3.48) per share, for a total transaction of £27,400 ($34,815.76). In other news, insider Solomon Soquar bought 10,000 shares of the company’s stock in a transaction on Thursday, May 30th. The shares were bought at an average cost of GBX 274 ($3.48) per share, with a total value of £27,400 ($34,815.76). Also, insider Nicholas Pink purchased 7,511 shares of Ruffer Investment stock in a transaction dated Tuesday, April 9th. The shares were purchased at an average price of GBX 266 ($3.38) per share, with a total value of £19,979.26 ($25,386.61). Company insiders own 0.21% of the company’s stock.

About Ruffer Investment

Ruffer Investment Company Limited is a closed-ended balanced mutual fund of funds launched and managed by Ruffer AIFM Limited. The fund invests in public equity and fixed income markets across the globe. It seeks to invest in securities of companies operating across diversified sectors. The fund primarily invests either directly or through other funds in quoted equities or equity related securities and bonds which are issued by corporate issuers, supra-nationals, or government organizations.