Woori Financial Group (NYSE:WF) Reaches New 12-Month High - Here's Why

Woori Financial Group Inc. (NYSE:WF - Get Free Report) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $46.53 and last traded at $46.34, with a volume of 36084 shares trading hands. The stock had previously closed at $44.89.

Woori Financial Group Stock Performance

The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.09 and a current ratio of 1.09. The company has a 50 day moving average price of $38.38 and a 200 day moving average price of $35.00. The company has a market capitalization of $11.39 billion, a PE ratio of 5.98, a PEG ratio of 0.77 and a beta of 1.00.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of WF. Bank of America Corp DE boosted its holdings in Woori Financial Group by 19.6% in the fourth quarter. Bank of America Corp DE now owns 140,654 shares of the bank's stock worth $4,395,000 after purchasing an additional 23,015 shares during the period. Point72 Asset Management L.P. grew its position in shares of Woori Financial Group by 148.1% during the 4th quarter. Point72 Asset Management L.P. now owns 13,400 shares of the bank's stock valued at $419,000 after buying an additional 8,000 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in Woori Financial Group by 1,830.4% in the fourth quarter. JPMorgan Chase & Co. now owns 43,724 shares of the bank's stock worth $1,366,000 after acquiring an additional 41,459 shares during the last quarter. Jane Street Group LLC grew its holdings in shares of Woori Financial Group by 288.9% during the fourth quarter. Jane Street Group LLC now owns 24,648 shares of the bank's stock valued at $770,000 after purchasing an additional 18,310 shares during the last quarter. Finally, Millennium Management LLC lifted its holdings in shares of Woori Financial Group by 5.3% in the 4th quarter. Millennium Management LLC now owns 57,597 shares of the bank's stock worth $1,800,000 after purchasing an additional 2,917 shares during the last quarter. Institutional investors own 3.41% of the company's stock.

About Woori Financial Group

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.

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