Rockwood Strategic (LON:RKW) Posts Quarterly Earnings Results

Rockwood Strategic (LON:RKW) announced its quarterly earnings results on Wednesday. The company reported GBX (1.05) earnings per share (EPS) for the quarter, Digital Look Earnings reports. The company had revenue of GBX 162 million during the quarter. Rockwood Strategic had a positive return on equity of 9.56% and a negative net margin of 7,232.03%.

Rockwood Strategic Price Performance

Shares of Rockwood Strategic stock opened at GBX 309.27 on Thursday. The business’s fifty day moving average price is GBX 301.40 and its two-hundred day moving average price is GBX 293.11. The company has a market capitalization of £175.38 million, a P/E ratio of 14.28 and a beta of 0.96. Rockwood Strategic has a 1-year low of GBX 245 and a 1-year high of GBX 324.80.

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.