Rockwood Strategic (LON:RKW) Shares Up 2% – Time to Buy?

Rockwood Strategic (LON:RKW)’s stock price rose 2% during trading on Tuesday . The stock traded as high as GBX 303 and last traded at GBX 301. Approximately 86,520 shares traded hands during trading, a decline of 58% from the average daily volume of 207,982 shares. The stock had previously closed at GBX 295.

Rockwood Strategic Stock Performance

The company has a market capitalization of £114.95 million, a PE ratio of 4.67 and a beta of 0.90. The business has a fifty day moving average price of GBX 287.15 and a 200 day moving average price of GBX 285.74.

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

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.