Westrock Company (WRK) : Traders are bullish on Westrock Company (WRK) as it has outperformed the S&P 500 by a wide margin of 10.29% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.53%, 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 1.04% in the last 1 week, and is up 10.14% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 6.48% and the 50-Day Moving Average is 14.4%.The 200 Day SMA reached 21.79%. WestRock Company is up 21.69% in the last 3-month period. Year-to-Date the stock performance stands at 9.62%.
Westrock Company (NYSE:WRK): After opening at $48.9, the stock dipped to an intraday low of $48.35 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $48.97 and the buying power remained strong till the end. The stock closed at $48.55 for the day, a gain of 0.08% for the day session. The total traded volume was 1,183,831. The stocks close on the previous trading day was $48.51.
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.