Large Outflow of Money Witnessed in Westrock Company

Westrock Company (WRK) : The money flow is calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades, which was negative (0.6 million) in Westrock Company (WRK). On Wednesday, The value of composite uptick trades was $0.06 million, whereas, the value of composite downtick trades was $0.66 million and the ratio between the two was 0.09, indicating selling on strength. Traders involved in block trades booked profits in their holdings as seen in the transactions on downticks valued at $0.64 million. The negative money flow of ($0.64 million) shows selling on strength. Westrock Company (WRK) gained $0.46 intraday at $48.06 and registrered 0.96% for the week.


WestRock Company has lost 1.14% in the last five trading days and dropped 1.75% in the last 4 weeks. WestRock Company is up 26.78% in the last 3-month period. Year-to-Date the stock performance stands at 7.79%.

Westrock Company (WRK) : 10 analysts are covering Westrock Company (WRK) and their average rating on the stock is 2.3, which is read as a Buy. 4 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. 1 more analyst has given the stock a Sell recommendation. A total of 5 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Westrock Company (NYSE:WRK): The stock opened at $47.57 and touched an intraday high of $48.24 on Wednesday. During the day, the stock corrected to an intraday low of $46.92, however, the bulls stepped in and pushed the price higher to close in the green at $47.74 with a gain of 0.29% for the day. The total traded volume for the day was 1,850,770. The stock had closed at $47.6 in the previous trading session.

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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *