In the past week, WRK stock has gone up by 2.32%, with a monthly gain of 8.94% and a quarterly surge of 17.14%. The volatility ratio for the week is 1.56%, and the volatility levels for the last 30 days are 1.70% for WestRock Co The simple moving average for the last 20 days is 4.15% for WRK stock, with a simple moving average of 31.12% for the last 200 days.
Is It Worth Investing in WestRock Co (NYSE: WRK) Right Now?
The 36-month beta value for WRK is at 1.10. Analysts have varying views on the stock, with 6 analysts rating it as a “buy,” 5 rating it as “overweight,” 6 as “hold,” and 0 as “sell.”
The public float for WRK is 255.15M, and currently, shorts hold a 6.07% of that float. The average trading volume for WRK on April 02, 2024 was 2.16M shares.
WRK) stock’s latest price update
WestRock Co (NYSE: WRK)’s stock price has decreased by -0.22 compared to its previous closing price of 49.45. However, the company has seen a 2.32% increase in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-03-18 that WestRock (WRK) benefits from solid demand for corrugated packaging, containerboard, food and beverage consumer packaging, as well as industrial packaging.
WRK Trading at 11.81% from the 50-Day Moving Average
After a stumble in the market that brought WRK to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -0.66% of loss for the given period.
Volatility was left at 1.70%, however, over the last 30 days, the volatility rate increased by 1.56%, as shares surge +9.60% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +21.86% upper at present.
During the last 5 trading sessions, WRK rose by +2.32%, which changed the moving average for the period of 200-days by +66.18% in comparison to the 20-day moving average, which settled at $47.59. In addition, WestRock Co saw 18.83% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at WRK starting from Lostetter Vicki L, who sale 3,500 shares at the price of $42.77 back on Feb 12 ’24. After this action, Lostetter Vicki L now owns 92,117 shares of WestRock Co, valued at $149,695 using the latest closing price.
Stock Fundamentals for WRK
Current profitability levels for the company are sitting at:
- 0.04 for the present operating margin
- 0.18 for the gross margin
The net margin for WestRock Co stands at -0.09. The total capital return value is set at 0.03. Equity return is now at value -15.84, with -6.01 for asset returns.
Based on WestRock Co (WRK), the company’s capital structure generated 0.46 points at debt to capital in total, while cash flow to debt ratio is standing at 0.21. The debt to equity ratio resting at 0.86. The interest coverage ratio of the stock is 1.55.
Currently, EBITDA for the company is 2.75 billion with net debt to EBITDA at 2.97. When we switch over and look at the enterprise to sales, we see a ratio of 1.04. The receivables turnover for the company is 8.2for trailing twelve months and the total asset turnover is 0.75. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.55.
Conclusion
In conclusion, WestRock Co (WRK) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
