Rockwood Strategic (LON:RKW – Get Free Report) passed above its two hundred day moving average during trading on Monday. The stock has a two hundred day moving average of GBX 303.91 and traded as high as GBX 310. Rockwood Strategic shares last traded at GBX 310, with a volume of 65,046 shares trading hands.
Rockwood Strategic Stock Performance
The stock’s 50 day moving average is GBX 314.46 and its 200 day moving average is GBX 304.09. The company has a market capitalization of £196.39 million, a PE ratio of 30.72 and a beta of 0.98.
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.
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