Rockwood Strategic (LON:RKW) Trading Up 0.5% – Time to Buy?

Rockwood Strategic (LON:RKW)’s share price shot up 0.5% during mid-day trading on Monday . The stock traded as high as GBX 295 and last traded at GBX 295. 68,072 shares changed hands during trading, a decline of 23% from the average session volume of 88,076 shares. The stock had previously closed at GBX 293.40.

Rockwood Strategic Stock Performance

The company has a 50-day simple moving average of GBX 284.52 and a 200-day simple moving average of GBX 285.72. The stock has a market cap of £111.93 million, a P/E ratio of 4.54 and a beta of 0.90.

Rockwood Strategic (LON:RKW) last announced its quarterly earnings data on Tuesday, November 18th. The company reported GBX (0.30) EPS for the quarter. Rockwood Strategic had a net margin of 88.34% and a return on equity of 27.91%.

Insider Transactions at Rockwood Strategic

In related news, insider Noel Lamb acquired 3,200 shares of the stock in a transaction dated Friday, October 10th. The stock was bought at an average price of GBX 280 per share, with a total value of £8,960. Insiders own 3.22% of the company’s stock.

Rockwood Strategic Company Profile

Rockwood Strategic Plc is an Investment Trust quoted on the London Stock Exchange that invests in a focused portfolio of smaller UK public companies. The strategy identifies undervalued shares, where the potential exists to improve returns and where the company is benefitting, or will benefit, from operational, strategic or management changes. These unlock, create or realise shareholder value for investors.

The strategy targets investment opportunities arising in the inefficient and niche market of UK small companies, uses the manager’s specialist experience and enhanced diligence approach to assess risk and harvests the benefits of long-term capital through patience and an ‘ownership’ mentality.