Weyerhaeuser Co. (NYSE:WY) currently has a daily average trading volume of 3.41M but it saw 4225150 shares traded in last market. With a market cap of 22.02B USD, the company’s current market price of $30.20 came rising about 0.10 while comparing to the previous closing price of $30.17. In past 52 weeks, the stock remained buoying in the range of price level as high as $36.27 and as low as $28.00.
Taking a look at 20-day trading activity of Weyerhaeuser Co. (WY) gives us an average price of $32.35, while its current price level is -16.74% below from 52-week high level whereas it is 7.85% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $33.73 while that of 200 days or SMA-200 reads an average of $32.57. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.61% during that period while stretching the period over a month that decreases to 2.03%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 23.25 which implies that the stock is in oversold territory.
BofA Securities upgraded its recommendation for the stock as a “Buy” from “Neutral” on July 10, 2023 while assigning a price target range of $34-$38. DA Davidson issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $34 and $35.
Over the week, WY’s stock price is moving -4.25% down while it is -14.76% when we observe its performance for the past one month. Year-to-date it is -12.77% down and over the past year, the stock is showing an upside performance of 1.94%.
Currently, Weyerhaeuser Co.’s total number of outstanding shares is 729.75M. Company’s return on investment (ROI) stands at 5.38% and return on equity (ROE) at 7.97%. It has a price to earnings ratio (P/E ratio) of 27.55 while having a 23.26 of forward P/E ratio. Stock’s beta reads 1.47. Stock has a price to book (P/B) ratio of 2.19 while price to sale or P/S ratio amounts to 2.90. Its return on asset (ROA) is 4.81% on average.
