In yesterday’s Wall Street session, WestRock Co (NYSE:WRK) shares traded at $49.70, down -1.02% from the previous session.
WRK stock price is now -2.18% away from the 50-day moving average and 14.38% away from the 200-day moving average. The market capitalization of the company currently stands at $12.83B.
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, while ‘Argus’ rates the stock as ‘Buy’
In other news, Singleton Denise R, EVP, General Counsel & Sec. sold 9,700 shares of the company’s stock on May 03 ’24. The stock was sold for $499,162 at an average price of $51.46. Upon completion of the transaction, the EVP, General Counsel & Sec. now directly owns 74,946 shares in the company, valued at $3.72 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 03 ’24, President, Global Paper O’Neal John L sold 6,965 shares of the business’s stock. A total of $358,489 was realized by selling the stock at an average price of $51.47. This leaves the insider owning 60,491 shares of the company worth $3.01 million. A total of 0.70% of the company’s stock is owned by insiders.
During the past 12 months, WestRock Co has had a low of $27.33 and a high of $54.83. As of last week, the company has a debt-to-equity ratio of 0.96, a current ratio of 1.34, and a quick ratio of 0.85. The fifty day moving average price for WRK is $50.8516 and a two-hundred day moving average price translates $43.5262 for the stock.
The latest earnings results from WestRock Co (NYSE: WRK) was released for 2024-03-31. The net profit margin was 1.57% and return on equity was 3.09% for WRK. The company reported revenue of $4.73 billion for the quarter, compared to $5.28 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -10.44 percent.
