Rockwood Strategic (LON:RKW) Trading Down 1.1% - Should You Sell?

Key Points

• Rockwood Strategic's share price fell by 1.1% to GBX 281 ($3.77) in trading on Tuesday, with a significant 57% drop in trading volume compared to the average.
• The company has a market capitalization of £106.62 million and a low PE ratio of 4.33, indicating potential for investment growth.
• Insider Noel Lamb purchased 1,700 shares at GBX 280 per share, reflecting confidence in the company's operational strategies.

Rockwood Strategic (LON:RKW - )'s share price dropped 1.1% on Tuesday . The stock traded as low as GBX 279.12 ($3.75) and last traded at GBX 281 ($3.77). Approximately 71,495 shares were traded during mid-day trading, a decline of 57% from the average daily volume of 167,524 shares. The stock had previously closed at GBX 284 ($3.81).

Rockwood Strategic Stock Performance

The company has a 50 day moving average of GBX 280.98 and a two-hundred day moving average of GBX 271.88. The stock has a market cap of £106.62 million, a PE ratio of 4.33 and a beta of 0.90.

Insider Buying and Selling at Rockwood Strategic

In other Rockwood Strategic news, insider Noel Lamb purchased 1,700 shares of the business's stock in a transaction that occurred on Wednesday, August 20th. The stock was purchased at an average price of GBX 280 per share, for a total transaction of £4,760. 3.22% of the stock is currently owned by corporate insiders.

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.

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