The stock of Smurfit WestRock plc (NYSE:SW) last traded at $46.89, up 1.54% from the previous session.
SW stock price is now 3.32% away from the 50-day moving average and 17.85% away from the 200-day moving average. The market capitalization of the company currently stands at $12.15B.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
With the price target of $60, Redburn Atlantic recently initiated with Buy rating for Smurfit WestRock plc (NYSE: SW). , while ‘Morgan Stanley’ rates the stock as ‘Overweight’
A total of 2.10% of the company’s stock is owned by insiders.
During the past 12 months, Smurfit WestRock plc has had a low of $30.62 and a high of $50.13. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 2.18, and a quick ratio of 2.18. The fifty day moving average price for SW is $44.73784 and a two-hundred day moving average price translates $44.73784 for the stock.
The latest earnings results from Smurfit WestRock plc (NYSE: SW) was released for 2024-06-30. The net profit margin was 5.33% and return on equity was 10.67% for SW. The company reported revenue of $2.97 billion for the quarter, compared to $5.12 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -42.02 percent.
Smurfit WestRock plc(SW) Company Profile
Smurfit Westrock Plc, together with its subsidiaries, manufactures, distributes, and sells containerboard, corrugated containers, and other paper-based packaging products in Ireland and internationally. The company produces containerboard that it converts into corrugated containers or sells to third parties, as well as produces other types of paper, such as consumer packaging board, sack paper, graphic paper, solid board and graphic board, and other paper-based packaging products, such as consumer packaging, solid board packaging, paper sacks, and other packaging products, including bag-in-box. It also produces linerboard and corrugated medium, paperboard, and non-packaging grades of paper, as well as converted products, such as folding cartons and corrugated boxes, and other products; recycled paper-based packaging products; and packaging machinery. The company primarily serves food and beverage, e-commerce, retail, consumer goods, industrial, and foodservice markets. Smurfit Westrock Plc was founded in 1934 and is headquartered in Dublin, Ireland.
