What is the Market's View on WestRock Co (WRK) Stock's Price and Volume Trends Wednesday?

Overall market sentiment has been high on WestRock Co (WRK) stock lately. WRK receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

WestRock Co has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on WRK!

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What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With WRK Stock Today?

WestRock Co (WRK) stock is lower by -1.3% while the S&P 500 has gained 0.38% as of 2:32 PM on Wednesday, Mar 27. WRK is down -$0.64 from the previous closing price of $49.34 on volume of 2,821,109 shares. Over the past year the S&P 500 is higher by 31.32% while WRK has gained 68.92%. WRK lost -$6.72 per share in the over the last 12 months. To see InvestorsObserver's Sentiment Score for WestRock Co click here.

More About WestRock Co

WestRock Co manufactures corrugated packaging and consumer packagings such as folding cartons and paperboard. After the merger of RockTenn and MeadWestvaco in fall 2015, WestRock became the largest North American producer of solid bleached sulfate and the second- largest producer of containerboard, which is used in the production of shipping containers. The company derives a majority of its revenue from Corrugated Packaging. Click Here to get the full Stock Report for WestRock Co stock.