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Woori Bank (NYSE:WF) Sees Unusually-High Trading Volume - Still a Buy?

Woori Bank logo with Finance background

Woori Bank (NYSE:WF - Get Free Report) saw unusually-high trading volume on Tuesday . Approximately 152,945 shares changed hands during trading, an increase of 128% from the previous session's volume of 67,068 shares.The stock last traded at $57.51 and had previously closed at $57.61.

Woori Bank Price Performance

The company has a 50-day moving average price of $45.96 and a 200-day moving average price of $38.04. The firm has a market capitalization of $13.37 billion, a PE ratio of 6.89, a P/E/G ratio of 1.03 and a beta of 1.04. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.08 and a quick ratio of 1.08.

Institutional Investors Weigh In On Woori Bank

A number of hedge funds have recently bought and sold shares of the business. BSW Wealth Partners lifted its holdings in shares of Woori Bank by 6.3% in the 2nd quarter. BSW Wealth Partners now owns 8,844 shares of the bank's stock worth $440,000 after purchasing an additional 528 shares during the last quarter. HB Wealth Management LLC acquired a new stake in Woori Bank in the 2nd quarter valued at approximately $285,000. Signaturefd LLC increased its position in Woori Bank by 2.1% in the 2nd quarter. Signaturefd LLC now owns 43,212 shares of the bank's stock valued at $2,149,000 after acquiring an additional 889 shares during the period. Ballentine Partners LLC increased its position in Woori Bank by 23.5% in the 2nd quarter. Ballentine Partners LLC now owns 40,994 shares of the bank's stock valued at $2,039,000 after acquiring an additional 7,795 shares during the period. Finally, Aaron Wealth Advisors LLC acquired a new stake in Woori Bank in the 2nd quarter valued at approximately $306,000. Institutional investors and hedge funds own 3.41% of the company's stock.

About Woori Bank

(Get Free Report)

Woori Financial Group Inc, a financial holding company, operates as a commercial bank that provides a range of financial products and services to individuals, corporations, and small- and medium-sized enterprises in Korea. It operates through Banking, Credit Card, Capital, Investment Banking, and Others segments.

Further Reading

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