Rpm stock price stands at $98

RPM stock price stands at $98.95, showing resilience as peers slip on macroeconomic concerns. Investor confidence derives from RPM’s proven ability to pass higher costs to customers without losing demand. Firstly, we acknowledge that RPM International has a significantly high ROE. Secondly, even when compared to the industry average of 9.3% the company's ROE is quite impressive. Probably as a result of this, RPM International was able to see a decent net income growth of 11% over the last five years. Asia Pacific generated $37.72 million in revenues for the company in the last quarter, constituting 2.55% of the total. This represented a surprise of +7.8% compared to the $34.99 million projected by Wall Street analysts. Comparatively, in the previous quarter, Asia Pacific accounted for $44.45 million (2.41%), and in the year-ago quarter, it contributed $41.58 million (2.73%) to the total revenue. In early trading, RPM stock price is at $98.90, supported by stronger-than-expected manufacturing index data. The construction chemicals segment continues to show double-digit growth, adding fundamental support to technical buying signals.