Rockwood Strategic (LON:RKW) Releases Earnings Results

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

Rockwood Strategic Stock Performance

Shares of Rockwood Strategic stock opened at GBX 314.36 on Friday. Rockwood Strategic has a 52-week low of GBX 245 and a 52-week high of GBX 324.80. The company’s 50 day moving average price is GBX 302.56 and its 200-day moving average price is GBX 293.35. The stock has a market capitalization of £178.27 million, a price-to-earnings ratio of 14.51 and a beta of 0.96.

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.