Ruffer Investment (LON:RICA) Stock Crosses Below Fifty Day Moving Average of $265.35

Ruffer Investment Company Limited (LON:RICA) shares passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 265.35 ($3.30) and traded as low as GBX 265 ($3.30). Ruffer Investment shares last traded at GBX 268 ($3.34), with a volume of 1,245,086 shares trading hands.

Ruffer Investment Stock Performance

The company has a market cap of £1.01 billion, a price-to-earnings ratio of -2,680.00 and a beta of 0.24. The stock’s fifty day simple moving average is GBX 265.35 and its two-hundred day simple moving average is GBX 266.96.

Ruffer Investment Increases Dividend

The business also recently declared a dividend, which was paid on Friday, March 22nd. Shareholders of record on Thursday, March 7th were issued a GBX 2 ($0.02) dividend. This represents a dividend yield of 0.76%. The ex-dividend date was Thursday, March 7th. This is a positive change from Ruffer Investment’s previous dividend of $1.65. Ruffer Investment’s dividend payout ratio (DPR) is -3,000.00%.

Insider Buying and Selling at Ruffer Investment

In related news, insider Nicholas Pink purchased 7,511 shares of the firm’s stock in a transaction on Tuesday, April 9th. The shares were bought at an average price of GBX 266 ($3.31) per share, for a total transaction of £19,979.26 ($24,871.48). 0.39% of the stock is owned by company insiders.

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.