Westrock Company (WRK) : Traders are bullish on Westrock Company (WRK) as it has outperformed the S&P 500 by a margin of 4.69% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.84%, 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 1.46% in the last 1 week, and is up 11.77% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Westrock Company (NYSE:WRK): The stock opened at $43.30 on Friday but the bulls could not build on the opening and the stock topped out at $43.34 for the day. The stock traded down to $42.98 during the day, due to lack of any buying support eventually closed down at $43.13 with a loss of -0.37% for the day. The stock had closed at $43.29 on the previous day. The total traded volume was 827,903 shares.
The stock has recorded a 20-day Moving Average of 8.74% and the 50-Day Moving Average is 8.9%. WestRock Company is up 6.87% in the last 3-month period. Year-to-Date the stock performance stands at -3.45%.
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.