Rockwood Strategic (LON:RKW – Get Free Report) posted its earnings results on Wednesday. The company reported GBX 39.28 ($0.53) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Rockwood Strategic had a return on equity of 27.91% and a net margin of 88.34%.
Rockwood Strategic Stock Performance
LON:RKW opened at GBX 282.72 ($3.80) on Wednesday. The business’s fifty day moving average is GBX 255.68 and its 200 day moving average is GBX 258.50. The firm has a market cap of £107.27 million, a price-to-earnings ratio of 4.35 and a beta of 0.90. Rockwood Strategic has a 52-week low of GBX 223 ($2.99) and a 52-week high of GBX 284 ($3.81).
Insiders Place Their Bets
In related news, insider Paul James Dudley purchased 9,790 shares of the business’s stock in a transaction on Wednesday, March 26th. The stock was acquired at an average price of GBX 256 ($3.44) per share, with a total value of £25,062.40 ($33,645.32). 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.
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