Rockwood Strategic (LON:RKW) Trading Up 0.9% – Still a Buy?

Rockwood Strategic (LON:RKW) was up 0.9% during trading on Friday . The stock traded as high as GBX 285.10 and last traded at GBX 285. Approximately 631,440 shares changed hands during mid-day trading, an increase of 232% from the average daily volume of 190,115 shares. The stock had previously closed at GBX 282.50.

Rockwood Strategic Stock Up 0.9%

The company has a market capitalization of £108.14 million, a price-to-earnings ratio of 4.39 and a beta of 0.90. The stock’s 50-day simple moving average is GBX 282.61 and its two-hundred day simple moving average is GBX 283.87.

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

Insider Activity

In other Rockwood Strategic news, insider Noel Lamb acquired 3,200 shares of the company’s stock in a transaction that occurred on Friday, October 10th. The stock was bought at an average price of GBX 280 per share, with a total value of £8,960. 3.22% of the stock is owned by corporate insiders.

About Rockwood Strategic

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.