Weyerhaeuser Co. (NYSE:WY) currently has a daily average trading volume of 3.75M but it saw 2996343 shares traded in last market. With a market cap of 22.62B USD, the company’s current market price of $31.10 came falling about -0.16 while comparing to the previous closing price of $31.15. In past 52 weeks, the stock remained buoying in the range of price level as high as $36.27 and as low as $26.73. In the recent trading on the day, stock has struck highest price mark of $30.985 while lowest mark touched by it was $31.325.
Taking a look at 20-day trading activity of Weyerhaeuser Co. (WY) gives us an average price of $30.75, while its current price level is -14.25% below from 52-week high level whereas it is 16.35% 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 $29.53 while that of 200 days or SMA-200 reads an average of $31.81. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.69% during that period while stretching the period over a month that decreases to 2.58%. 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 56.43 which implies that the stock is in neutral 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 -2.57% down while it is 12.76% when we observe its performance for the past one month. Year-to-date it is -10.17% down and over the past year, the stock is showing a downside performance of -6.41%.
Currently, Weyerhaeuser Co.’s total number of outstanding shares is 729.75M. Company’s return on investment (ROI) stands at 5.00% and return on equity (ROE) at 7.38%. It has a price to earnings ratio (P/E ratio) of 30.51 while having a 32.45 of forward P/E ratio. Stock’s beta reads 1.38. Stock has a price to book (P/B) ratio of 2.25 while price to sale or P/S ratio amounts to 3.00. Its return on asset (ROA) is 4.35% on average.
