WestRock Company (NYSE:WRK) finished Wednesday with a subtraction of -$0.79 to close at $33.61, a downside of -2.30 percent. An average of 3,096,980 shares of common stock have been traded in the last five days. There was a fall of -$4.77 in the past week, and it reached a new high 10 times over the past 12 months. The last 20 days have seen an average of 1,964,980 shares traded, while the 50-day average volume stands at 1,622,306.
WRK stock has decreased by -17.34% in the last month. The company shares reached their 1-month lowest point of $33.59 on 09/21/22. With the stock rallying to its 52-week high on 05/05/22, shares of the company touched a low of $33.92 and a high of $54.78 in 52 weeks. It has reached a new high 16 times so far this year and lost -24.23% or -$10.75 in price. In spite of this, the price is down -38.65% from the 52-week high.
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35 days have passed since WestRock Company (WRK) last reported insider trading activity. O’Neal John L, who is President, Global Paper, most recently acquired $5,173 shares at $42.55 per share on Aug 18. In this transaction, the insider spent $220,111. Director, Nevels James E, disposed of 2,483 shares at a price of $42.36 on Aug 17. The insider now owns more than $105,180 worth of shares. Prior to that, Director Nevels James E went on to Sale 1,417 shares at $42.31 each on Aug 10. An amount of $59,953 was transacted.
WestRock Company (WRK) has a trailing price-to-earnings (P/E) ratio of 9.59. The stock’s beta is 1.04. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.46, the price-to-book (PB) ratio at 0.75, and the price-to-cash flow ratio at 9.48.
The company has a payout ratio of 28.00%. The company’s most recent quarterly dividend payment was $0.25 a share, without any change from last year. Its latest increase dividend $0.01 reported on Thursday October 28 2021.
The quick ratio of WestRock Company for the three months ended June 29 was 0.90, and the current ratio was 1.50, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.67 and a total debt to equity ratio of 0.70 for the quarter ending June 29. WestRock Company’s EBITDA margin for the year ending June 29 is 15.00%, while its operating margin for the same period stands at 6.30%. Its gross profit as reported stood at $3.43 billion compared to revenue of $18.75 billion.
For the three-month period that ended June 29, WestRock Company had $7.64 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $377.9 million in the quarter, while revenues of $39.9 million were grew 33.82%. The analyst consensus anticipated WestRock Company’s latest quarter earnings to come in at $1.48 per share, but it turned out to be $1.54, a 4.10% surprise. For the quarter, EBITDA amounted to $918.5 million. Shareholders own equity worth $254.3 million.
From a technical analysis perspective, let’s take a brief look at WestRock Company (WRK) price momentum. RSI 9-day as of the close on 21 September was 26.59%, suggesting the stock is oversold, with historical volatility in this time frame at 73.04%.
As of today, WRK’s price is $35.35 -12.43% or -$4.77 from its 5-day moving average. WRK is currently trading -18.89% lower than its 20-day SMA and -32.75% lower than its 100-day SMA. However, the stock’s current price level is -17.01% below the SMA50 and -24.91% below the SMA200.
The stochastic %K and %D were 10.44% and 11.24%, respectively, and the average true range (ATR) was 1.65. With the 14-day stochastic at 0.24% and the average true range at 1.51, the RSI (14) stands at 30.05%. The stock has reached -2.73 on the 9-day MACD Oscillator while the 14-day reading was at -3.65.
Citigroup downgraded WestRock Company (NYSE: WRK) to a a Neutral rating in its most recent analyst report. Previously, the stock was rated as a Buy.