Weyerhaeuser Co (NYSE:WY) currently has a daily average trading volume of 3.70M but it saw 2763280 shares traded in last market. With a market cap of 22.23B USD, the company’s current market price of $30.60 came falling about -0.23 while comparing to the previous closing price of $30.67. 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 $30.425 while lowest mark touched by it was $30.77.
Taking a look at 20-day trading activity of Weyerhaeuser Co (WY) gives us an average price of $31.25, while its current price level is -15.63% below from 52-week high level whereas it is 14.48% 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 $32.30 while that of 200 days or SMA-200 reads an average of $31.65. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.34% during that period while stretching the period over a month that increases to 1.99%. 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 39.05 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 -0.84% down while it is -3.92% when we observe its performance for the past one month. Year-to-date it is -11.62% down and over the past year, the stock is showing a downside performance of -3.30%.
Currently, Weyerhaeuser Co’s total number of outstanding shares is 729.75M with 0.28% of that held by the insiders while 88.02% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 3.61% and return on equity (ROE) at 5.30%. It has a price to earnings ratio (P/E ratio) of 41.85 while having a 34.07 of forward P/E ratio. Stock’s beta reads 1.41. Stock has a price to book (P/B) ratio of 2.24 while price to sale or P/S ratio amounts to 3.09. Its return on asset (ROA) is 3.12% on average.
