Westrock Company (WRK) : Traders are bullish on Westrock Company (WRK) as it has outperformed the S&P 500 by a wide margin of 11.57% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.29%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2.73% in the last 1 week, and is up 14.35% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Westrock Company (NYSE:WRK): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $44.12 and $43.82 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $44.59. The buying momentum continued till the end and the stock did not give up its gains. It closed at $44.08, notching a gain of 0.82% for the day. The total traded volume was 1,825,948 . The stock had closed at $43.72 on the previous day.
The stock has recorded a 20-day Moving Average of 5% and the 50-Day Moving Average is 9.5%. WestRock Company is up 7.78% in the last 3-month period. Year-to-Date the stock performance stands at -1.33%.
Westrock Company (WRK) : Currently there are 9 street experts covering Westrock Company (WRK) stock. The most bullish and bearish price target for the stock is $56 and $40 respectively for the short term. The average price target of all the analysts comes to $46.11. The estimated standard deviation from the target is $5.99.
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.