Insider Buying: Rockwood Strategic (LON:RKW) Insider Buys 31,443 Shares of Stock

Rockwood Strategic (LON:RKW) insider Sangita Shah purchased 31,443 shares of the business’s stock in a transaction dated Wednesday, July 29th. The shares were purchased at an average price of GBX 319 per share, for a total transaction of £100,303.17.

Rockwood Strategic Stock Performance

Shares of LON RKW opened at GBX 318.68 on Thursday. Rockwood Strategic has a 52 week low of GBX 245 and a 52 week high of GBX 325. The business has a 50 day simple moving average of GBX 315.58 and a 200 day simple moving average of GBX 298.84. The stock has a market cap of £184.28 million, a price-to-earnings ratio of 31.18 and a beta of 0.97.

Rockwood Strategic (LON:RKW) last issued its quarterly earnings data on Wednesday, June 17th. The company reported GBX (1.05) earnings per share for the quarter. The company had revenue of GBX 162 million during the quarter. Rockwood Strategic had a net margin of 302.09% and a return on equity of 3.45%.

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. 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.