Westrock Company (NYSE:WRK) traded at a new 52-week high today of $50.35. This new high was reached on below average trading volume as 973,000 shares traded hands, while the average 30-day volume is approximately 2.4 million shares.
WestRock manufactures corrugated packaging and consumer packaging 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.
In the past 52 weeks, Westrock Company share prices are bracketed by a low of $21.50 and a high of $50.35 and is now at $49.52, 130% above that low price.
Westrock Company (NYSE:WRK) is currently priced 5.1% above its average consensus analyst price target of $46.99.
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