Rockwood Strategic (LON:RKW) Stock Price Up 2% – Still a Buy?

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

Rockwood Strategic Stock Up 0.7%

The stock has a fifty day moving average price of GBX 287.15 and a two-hundred day moving average price of GBX 285.74. The company has a market capitalization of £114.95 million, a price-to-earnings ratio of 4.67 and a beta of 0.90.

Rockwood Strategic (LON:RKW) last posted its quarterly earnings data 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%.

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. 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.