Ruffer Investment (LON:RICA) Announces Earnings Results

Ruffer Investment (LON:RICA) released its quarterly earnings data 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 RICA stock opened at GBX 276.50 ($3.58) on Friday. Ruffer Investment has a 52 week low of GBX 261.50 ($3.39) and a 52 week high of GBX 289.50 ($3.75). The company has a market capitalization of £889.71 million, a price-to-earnings ratio of 100.58 and a beta of 0.25. The company has a 50-day simple moving average of GBX 274.76 and a 200 day simple moving average of GBX 274.12.

Insiders Place Their Bets

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

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.