Rockwood Strategic (LON:RKW) Stock Price Up 2.7% - Should You Buy?

Rockwood Strategic (LON:RKW - Get Free Report) shares were up 2.7% during mid-day trading on Wednesday . The stock traded as high as GBX 304.81 ($4.11) and last traded at GBX 303 ($4.09). Approximately 178,862 shares traded hands during mid-day trading, an increase of 6% from the average daily volume of 168,053 shares. The stock had previously closed at GBX 295 ($3.98).

Rockwood Strategic Trading Up 1.0%

The company has a 50 day moving average of GBX 272.79 and a 200-day moving average of GBX 262.22. The firm has a market capitalization of £117.62 million, a P/E ratio of 4.77 and a beta of 0.90.

Rockwood Strategic (LON:RKW - Get Free Report) last released its earnings results on Wednesday, June 18th. The company reported GBX 39.28 ($0.53) earnings per share for the quarter. Rockwood Strategic had a return on equity of 27.91% and a net margin of 88.34%.

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.