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The closing price of Westrock Coffee Company (NASDAQ: WEST) was $8.67 for the day, up 1.88% from the previous closing price of $8.51. In other words, the price has increased by $1.88 from its previous closing price. On the day, 1.02 million shares were traded. WEST stock price reached its highest trading level at $9.7 during the session, while it also had its lowest trading level at $8.62.
Ratios:
Our analysis of WEST’s different ratios will help us gain a deeper understanding of the company. 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, Telsey Advisory Group on May 10, 2024, Reiterated its Outperform rating but revised its target price to $14 from $13 previously.
On February 16, 2024, Telsey Advisory Group reiterated its Outperform rating and also lowered its target price recommendation from $11 to $13.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jul 31 ’24 when HF Direct Investments Pool, LL sold 3,629 shares for $10.04 per share. The transaction valued at 36,435 led to the insider holds 12,708,091 shares of the business.
HF Direct Investments Pool, LL sold 2 shares of WEST for $20 on Aug 01 ’24. The 10% Owner now owns 12,708,089 shares after completing the transaction at $10.02 per share. On Jul 29 ’24, another insider, HF Direct Investments Pool, LL, who serves as the 10% Owner of the company, sold 31,869 shares for $10.05 each. As a result, the insider received 320,283 and left with 12,713,368 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 766131520 and an Enterprise Value of 1553626112. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.92 while its Price-to-Book (P/B) ratio in mrq is 9.40. Its current Enterprise Value per Revenue stands at 1.86 whereas that against EBITDA is 227.571.
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 $6.88. The 50-Day Moving Average of the stock is -10.15%, while the 200-Day Moving Average is calculated to be -12.34%.
Shares Statistics:
WEST traded an average of 179.81K shares per day over the past three months and 208000 shares per day over the past ten days. A total of 88.05M shares are outstanding, with a floating share count of 30.17M. Insiders hold about 65.86% of the company’s shares, while institutions hold 31.34% stake in the company. Shares short for WEST as of 1723680000 were 5425607 with a Short Ratio of 30.17, compared to 1721001600 on 5661209. Therefore, it implies a Short% of Shares Outstanding of 5425607 and a Short% of Float of 23.47.
