Ruffer Investment (LON:RICA) Reaches New 1-Year High – Should You Buy?

Ruffer Investment Company Limited (LON:RICA)’s share price hit a new 52-week high on Friday . The stock traded as high as GBX 312 and last traded at GBX 307.13, with a volume of 35871 shares. The stock had previously closed at GBX 305.50.

Ruffer Investment Trading Up 0.2%

The firm has a market capitalization of £903.48 million, a P/E ratio of 24.27 and a beta of 0.25. The company has a 50-day moving average of GBX 300.15 and a 200-day moving average of GBX 294.91.

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.