World Kinect Corp (NYSE:WKC) currently has a daily average trading volume of 746.08K but it saw 252965 shares traded in last market. With a market cap of 1.68B USD, the company’s current market price of $29.63 came rising about 0.24 while comparing to the previous closing price of $29.56. In past 52 weeks, the stock remained buoying in the range of price level as high as $31.70 and as low as $22.70. In the recent trading on the day, stock has struck highest price mark of $29.53 while lowest mark touched by it was $29.85.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Stifel which downgraded the stock as “Hold” in its note to investors issued on October 25, 2024, recommending a price target of between $33 and $32 for it. Morgan Stanley downgraded its recommendation for the stock as a “Underweight” from “Equal-Weight” on September 16, 2024 while assigning a price target of $28. JP Morgan issued its recommendations for the stock as it initiated the price target for the stock is $25.
Over the week, WKC’s stock price is moving 5.26% up while it is 7.47% when we observe its performance for the past one month. Year-to-date it is 14.89% up and over the past year, the stock is showing an upside performance of 7.71%.
Currently, World Kinect Corp’s total number of outstanding shares is 56.60M. Company’s return on investment (ROI) stands at 0.70% and return on equity (ROE) at 0.98%. It has a price to earnings ratio (P/E ratio) of 129.39 while having a 10.44 of forward P/E ratio. Stock’s beta reads 1.41. Stock has a price to book (P/B) ratio of 0.87 while price to sale or P/S ratio amounts to 0.04. Its return on asset (ROA) is 0.27% on average.
