Westrock Company (NYSE:WRK) : During the past 4 weeks, traders have been relatively bearish on Westrock Company (NYSE:WRK), hence the stock is down -2.72% 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 -2.53% relative to the S&P 500. The 4-week change in the price of the stock is -1.15% and the stock has fallen -1.28% in the past 1 week.
The stock has recorded a 20-day Moving Average of 0.52% and the 50-Day Moving Average is 2.47%.
Westrock Company (NYSE:WRK): stock turned positive on Friday. Though the stock opened at $37.75, the bulls momentum made the stock top out at $38.64 level for the day. The stock recorded a low of $37.71 and closed the trading day at $38.55, in the green by 3.74%. The total traded volume for the day was 1,575,778. The stock had closed at $37.16 in the previous days trading.
In an insider trading activity, 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, 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.