Insider Buying: Rockwood Strategic (LON:RKW) Insider Purchases £19,670 in Stock

Rockwood Strategic (LON:RKW) insider Noel Lamb purchased 7,000 shares of the stock in a transaction that occurred on Wednesday, March 18th. The stock was acquired at an average cost of GBX 281 per share, for a total transaction of £19,670.

Rockwood Strategic Price Performance

RKW stock opened at GBX 261.69 on Friday. The business has a 50 day simple moving average of GBX 294.64 and a two-hundred day simple moving average of GBX 287.42. Rockwood Strategic has a 1-year low of GBX 223 and a 1-year high of GBX 313. The company has a market capitalization of £99.29 million, a price-to-earnings ratio of 4.03 and a beta of 0.84.

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.