Weyerhaeuser Company (WY) : During the past 4 weeks, traders have been relatively bearish on Weyerhaeuser Company (WY), hence the stock is down -2.09% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.84% relative to the S&P 500. The 4-week change in the price of the stock is -4.07% and the stock has fallen -1.32% in the past 1 week.
The stock has recorded a 20-day Moving Average of 3.71% and the 50-Day Moving Average is 5.11%.The 200 Day SMA reached 2.4% Weyerhaeuser Co. is up 5.27% in the last 3-month period. Year-to-Date the stock performance stands at 2.92%.
Weyerhaeuser Company (WY) : 8 investment research analysts covering Weyerhaeuser Company (WY) have an average price target of $34.5 for the near short term. The highest target price given by the Brokerage Firm to the stock is $36 and the lowest target is $33 for the short term. Analysts expect the variance to be within $1.31 of the average price.
For the current week, the company shares have a recommendation consensus of Buy. Weyerhaeuser Company (NYSE:WY): stock was range-bound between the intraday low of $29.79 and the intraday high of $30.15 after having opened at $29.94 on Fridays session. The stock finally closed in the red at $29.94, a loss of -0.76%. The stock remained in the red for the whole trading day. The total traded volume was 5,521,352 shares. The stock failed to cross $30.15 in Fridays trading. The stocks closing price on Thursday was $29.91.
Weyerhaeuser Company is a real estate investment trust (REIT). The Company is an owner of timberlands. It is principally engaged in growing and harvesting timber, as well as manufacturing, distributing and selling products made from trees. The Company owns nearly 7 million acres of timberlands, primarily in the United States, and manages additional timberlands under long-term licenses in Canada. It is engaged in the manufacturing of wood and specialty cellulose fibers products. The Companys operational segments include Timberlands, Wood Products and Cellulose Fibers. The Companys Timberlands segment manages approximately 6.9 million acres of private commercial timberlands across the world. The Wood Products segment manufactures and distributes wood products primarily in North America and Asia. The Cellulose Fibers segment is involved in the production of absorbent fluff pulp used in products, such as diapers.