November 21, 2016 - By Clifton Ray · 0 Comments
The stock of Westrock Company (NYSE:WRK) registered a decrease of 15.7% in short interest. WRK’s total short interest was 5.73M shares in November as published by FINRA. Its down 15.7% from 6.80M shares, reported previously. With 1.99M shares average volume, it will take short sellers 3 days to cover their WRK’s short positions. The short interest to Westrock Company’s float is 2.39%. About 933,856 shares traded hands. WestRock Co (NYSE:WRK) has risen 26.34% since April 19, 2016 and is uptrending. It has outperformed by 22.48% the S&P500.
Westrock Company is a provider of packaging solutions and makes containerboard and paperboard. The company has a market cap of $12.76 billion. The Company’s operating divisions include Corrugated Packaging, Consumer Packaging, Specialty Chemicals, and Land and Development. It has a 87.16 P/E ratio. The Firm operates in North America, South America, Europe and Asia.
Out of 15 analysts covering WestRock (NYSE:WRK), 6 rate it a “Buy”, 1 “Sell”, while 8 “Hold”. This means 40% are positive. WestRock has been the topic of 28 analyst reports since July 22, 2015 according to StockzIntelligence Inc. On Thursday, September 1 the stock rating was maintained by Citigroup with “Buy”. As per Monday, June 13, the company rating was maintained by Citigroup. The firm has “Neutral” rating given on Monday, January 25 by Bank of America. On Thursday, August 13 the stock rating was maintained by Deutsche Bank with “Buy”. As per Tuesday, August 25, the company rating was upgraded by Buckingham Research. The rating was initiated by Goldman Sachs with “Neutral” on Thursday, September 22. On Thursday, September 3 the stock rating was upgraded by Longbow to “Buy”. As per Thursday, November 19, the company rating was maintained by Deutsche Bank. The stock of WestRock Co (NYSE:WRK) has “Equal-Weight” rating given on Thursday, August 11 by Barclays Capital. The firm earned “Sector Weight” rating on Wednesday, September 16 by KeyBanc Capital Markets.
WestRock Company, formerly Rome-Milan Holdings, Inc., is a packaging company. The Firm provides paper and packaging solutions in consumer and corrugated markets. The Firm includes clients across the world from around 275 operating and business locations spanning North America, South America, Europe and Asia-Pacific.
More news for WestRock Co (NYSE:WRK) were recently published by: Marketwatch.com, which released: “/quotes/zigman/3870025/realtime” on July 02, 2015. Seekingalpha.com‘s article titled: “WestRock Co. (WRK) CEO Steven Voorhees on Q4 2016 Results – Earnings Call …” and published on November 07, 2016 is yet another important article.
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By Clifton Ray