Shares of Westrock Company (NYSE:WRK) Sees Large Inflow of Net Money Flow

Westrock Company (NYSE:WRK) dropped by -1.33 or -0.52 points during the last session to $38.48 per share. One of the highlights of the day was the net money flow figure, which stood at $2.79 million even as the stock accepted $8.28 million in upticks but rejected $5.48 million in downticks. The up/down ratio for the last observation was a 1.51. The 1-week percentage change for the stock price is registered at -3.17%.A block transaction occurred with $2.22 million in upticks and $0 million in downticks while the up/down ratio was calculated to be 0. The stock witnessed a net inflow of $2.22 million at the end of the block trade.


Currently the company Insiders own 2.41% of Westrock Company shares according to the proxy statements. Institutional Investors own 88.76% of Westrock Company shares. During last six month period, the net percent change held by insiders has seen a change of 13.1%. On the companys insider trading activities, Brown J Powell, director of Westrock Co, executed a transaction worth $193,140 on February 5, 2016. A total of 6,000 shares were purchased at an average price of $32.19. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.

Westrock Company (NYSE:WRK) stock ended Monday session in the red zone in a volatile trading. The stock closed down 1.03 points or 2.64% at $37.97 with 1,575,115 shares getting traded. Post opening the session at $38.62, the shares hit an intraday low of $37.92 and an intraday high of $39.19 and the price was in this range throughout the day. The company has a market cap of $9,592 million and the number of outstanding shares have been calculated to be 252,609,630 shares. The 52-week high of Westrock Company (NYSE:WRK) is $59.894174 and the 52-week low is $26.817075.

Many analysts have stated their opinion on the company shares. Wells Fargo downgrades their rating on the shares of Westrock Company (NYSE:WRK). The current rating of the shares is Market Perform. Earlier, the shares were rated a Outperform by the brokerage firm. The rating by the firm was issued on April 8, 2016.

WestRock Company, formerly Rome-Milan Holdings, Inc., is a packaging company. The Company provides paper and packaging solutions in consumer and corrugated markets. The Company includes customers across the world from around 275 operating and business locations spanning North America, South America, Europe and Asia-Pacific. The Companys products and services include consumer packaging, corrugated packaging, merchandising displays, containerboard, kraft paper, pulp, paperboard, recycling and waste solutions, and specialty paperboard. The Companys consumer packaging includes the manufacturing of folding cartons and production of coated paperboard and serves markets, such as printing and converting, solid bleached sulfate and coated recycled board. Its corrugated packaging is engaged in the manufacturing of containerboard, containers, pre-print and microflute packaging, retail displays and automated packaging systems. Rock-Tenn Company is a subsidiary of WestRock Co.

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