Rockwood Strategic (LON:RKW) Announces Earnings Results

Rockwood Strategic (LON:RKW) released its quarterly 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 positive return on equity of 9.56% and a negative net margin of 7,232.03%.The firm had revenue of GBX 162 million for the quarter.

Rockwood Strategic Trading Down 0.9%

LON:RKW opened at GBX 317 on Wednesday. The firm has a market capitalization of £179.77 million, a price-to-earnings ratio of 14.64 and a beta of 0.96. The firm’s fifty day simple moving average is GBX 300.24 and its 200 day simple moving average is GBX 292.84. Rockwood Strategic has a twelve month low of GBX 245 and a twelve month high of GBX 324.80.

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.