Rockwood Strategic (LON:RKW) Releases Earnings Results

Rockwood Strategic (LON:RKW) released its quarterly earnings data on Wednesday. The company reported GBX 39.28 ($0.53) earnings per share for the quarter, Digital Look Earnings reports. Rockwood Strategic had a net margin of 88.34% and a return on equity of 27.91%.

Rockwood Strategic Trading Up 0.1%

Shares of Rockwood Strategic stock opened at GBX 284.20 ($3.81) on Thursday. The stock has a market capitalization of £107.83 million, a price-to-earnings ratio of 4.38 and a beta of 0.90. Rockwood Strategic has a twelve month low of GBX 223 ($2.99) and a twelve month high of GBX 285 ($3.82). The business’s 50 day simple moving average is GBX 256.72 and its 200-day simple moving average is GBX 258.68.

Insider Activity at Rockwood Strategic

In other news, insider Paul James Dudley acquired 9,790 shares of the company’s stock in a transaction that occurred on Wednesday, March 26th. The shares were acquired at an average price of GBX 256 ($3.44) per share, with a total value of £25,062.40 ($33,631.78). Insiders own 3.22% of the company’s stock.

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.