Rockwood Strategic (LON:RKW – Get Free Report)’s share price dropped 0.3% during trading on Thursday . The stock traded as low as GBX 241.76 ($3.21) and last traded at GBX 245.30 ($3.25). Approximately 48,109 shares changed hands during trading, a decline of 62% from the average daily volume of 126,192 shares. The stock had previously closed at GBX 246 ($3.26).
Rockwood Strategic Stock Performance
The stock’s fifty day moving average is GBX 253.11 and its two-hundred day moving average is GBX 258.09. The firm has a market cap of £93.07 million, a price-to-earnings ratio of 3.78 and a beta of 0.90.
Insider Transactions at Rockwood Strategic
In related news, insider Paul James Dudley acquired 9,790 shares of the firm’s stock in a transaction dated Wednesday, March 26th. The stock was acquired at an average cost of GBX 256 ($3.40) per share, for a total transaction of £25,062.40 ($33,252.49). Insiders own 3.22% of the company’s stock.
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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