Closing Bell Recap: Westrock Coffee Company (WEST) Ends at 5.95, Reflecting a -3.17 Downturn

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Westrock Coffee Company (NASDAQ: WEST) closed the day trading at $5.95 down -3.17% from the previous closing price of $6.14. In other words, the price has decreased by -$3.17 from its previous closing price. On the day, 0.54 million shares were traded. WEST stock price reached its highest trading level at $6.22 during the session, while it also had its lowest trading level at $5.93.

Ratios:

For a better understanding of WEST, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.67 and its Current Ratio is at 1.31. In the meantime, Its Debt-to-Equity ratio is 1.29 whereas as Long-Term Debt/Eq ratio is at 1.09.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Craig Hallum on September 23, 2024, initiated with a Buy rating and assigned the stock a target price of $13.

On May 10, 2024, Telsey Advisory Group reiterated its Outperform rating and also lowered its target price recommendation from $13 to $14.

Telsey Advisory Group reiterated its Outperform rating for the stock on February 16, 2024, while the target price for the stock was revised from $11 to $13.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 12 ’24 when FORD JOE T bought 5,000 shares for $6.97 per share. The transaction valued at 34,850 led to the insider holds 249,445 shares of the business.

Umesiri Oluwatoyin sold 11,500 shares of WEST for $92,805 on Sep 10 ’24. The Director now owns 14,240 shares after completing the transaction at $8.07 per share. On Sep 03 ’24, another insider, Ford William A, who serves as the GROUP PRESIDENT, OPERATIONS of the company, bought 1,092 shares for $7.78 each. As a result, the insider paid 8,496 and bolstered with 436,190 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WEST now has a Market Capitalization of 526254880 and an Enterprise Value of 1313271296. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.63 while its Price-to-Book (P/B) ratio in mrq is 6.45. Its current Enterprise Value per Revenue stands at 1.572 whereas that against EBITDA is 192.364.

Stock Price History:

Over the past 52 weeks, WEST has reached a high of $11.21, while it has fallen to a 52-week low of $6.00. The 50-Day Moving Average of the stock is -27.69%, while the 200-Day Moving Average is calculated to be -38.49%.

Shares Statistics:

Over the past 3-months, WEST traded about 295.43K shares per day on average, while over the past 10 days, WEST traded about 441600 shares per day. A total of 88.05M shares are outstanding, with a floating share count of 28.93M. Insiders hold about 66.60% of the company’s shares, while institutions hold 31.31% stake in the company. Shares short for WEST as of 1726185600 were 5966095 with a Short Ratio of 20.19, compared to 1723680000 on 5425607. Therefore, it implies a Short% of Shares Outstanding of 5966095 and a Short% of Float of 25.959998000000002.

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