Rockwood Strategic (LON:RKW) Trading Down 0.3% - Time to Sell?

Key Points

• Rockwood Strategic's stock price fell by 0.3% to GBX 292 ($3.86) during mid-day trading, with approximately 180,994 shares traded, marking a slight decline in daily volume.
• The company recently reported quarterly earnings of GBX 39.28 ($0.52) per share, with a high net margin of 88.34% and a return on equity of 27.91%.
• Rockwood Strategic Plc is an investment trust focused on acquiring undervalued shares from smaller UK public companies, aiming to enhance returns through operational and management improvements.

Rockwood Strategic (LON:RKW - Get Free Report)'s share price fell 0.3% on Thursday . The stock traded as low as GBX 289.34 ($3.85) and last traded at GBX 292 ($3.88). 180,994 shares were traded during mid-day trading, a decline of 1% from the average session volume of 183,450 shares. The stock had previously closed at GBX 293 ($3.89).

Rockwood Strategic Price Performance

The firm has a market cap of £108.51 million, a price-to-earnings ratio of 4.40 and a beta of 0.90. The company has a fifty day moving average price of GBX 287.49 and a two-hundred day moving average price of GBX 266.16.

Rockwood Strategic (LON:RKW - Get Free Report) last released its quarterly earnings results on Wednesday, June 18th. The company reported GBX 39.28 ($0.52) 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.