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Westrock Co Looks to Continue to Trade Below its Annual-Low Share Price Today

By Nick Russo

Westrock Co (NYSE:WRK) traded today at a new 52-week low of $43.48. So far today approximately 569,000 shares have been exchanged, as compared to an average 30-day volume of 1.8 million shares.

WestRock Company provides consumer and corrugated packaging solutions. The Company offers merchandising displays, paperboard, recycling, and waste solutions. WestRock conducts business in the United States.

There is potential upside of 67.1% for shares of Westrock Co based on a current price of $43.83 and an average consensus analyst price target of $73.23. Westrock Co shares should first meet resistance at the 50-day moving average (MA) of $54.53 and find additional resistance at the 200-day MA of $60.68.

Westrock Co share prices have moved between a 52-week high of $71.55 and the current low of $43.48 and are currently at $43.83 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.2% while the 200-day MA has slid 0.4%.

SmarTrend recommended that its subscribers protect gains by selling shares of Westrock Co on June 19th, 2018 by issuing a Downtrend alert when the shares were trading at $58.49. Since that call, shares of Westrock Co have fallen 25.4%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: 52 week high/lows westrock co

Ticker(s): WRK