Ruffer Investment (LON:RICA) Sets New 12-Month High – Should You Buy?

Ruffer Investment Company Limited (LON:RICA)’s share price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 316 and last traded at GBX 307, with a volume of 968494 shares changing hands. The stock had previously closed at GBX 308.

Ruffer Investment Stock Performance

The stock’s 50-day moving average is GBX 301.43 and its 200 day moving average is GBX 295.59. The stock has a market capitalization of £900.40 million, a PE ratio of 24.19 and a beta of 0.25.

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.