Ruffer Investment (LON:RICA) Hits New 12-Month High – Time to Buy?

Shares of Ruffer Investment Company Limited (LON:RICAGet Free Report) hit a new 52-week high during trading on Monday . The company traded as high as GBX 319 and last traded at GBX 312.36, with a volume of 480232 shares trading hands. The stock had previously closed at GBX 307.50.

Ruffer Investment Price Performance

The company has a fifty day moving average price of GBX 302.87 and a two-hundred day moving average price of GBX 296.56. The company has a market capitalization of £912.08 million, a P/E ratio of 24.50 and a beta of 0.24.

Ruffer Investment Company Profile

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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.

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