Woori Financial Group (NYSE:WF) Reaches New 1-Year High - What's Next?

Woori Financial Group Inc. (NYSE:WF - Get Free Report)'s share price hit a new 52-week high during trading on Monday . The stock traded as high as $42.80 and last traded at $40.99, with a volume of 45806 shares trading hands. The stock had previously closed at $42.16.

Woori Financial Group Trading Up 0.1%

The company has a market cap of $10.22 billion, a PE ratio of 5.37, a price-to-earnings-growth ratio of 0.77 and a beta of 0.98. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.87. The business has a 50-day simple moving average of $36.49 and a 200-day simple moving average of $34.51.

Institutional Trading of Woori Financial Group

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Connor Clark & Lunn Investment Management Ltd. grew its stake in shares of Woori Financial Group by 6.5% in the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 572,589 shares of the bank's stock worth $17,893,000 after acquiring an additional 35,187 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its stake in shares of Woori Financial Group by 39.8% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 287,852 shares of the bank's stock worth $8,995,000 after acquiring an additional 81,973 shares in the last quarter. Bank of America Corp DE grew its stake in shares of 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 acquiring an additional 23,015 shares in the last quarter. Vident Advisory LLC increased its stake in shares of Woori Financial Group by 21.5% during the first quarter. Vident Advisory LLC now owns 115,365 shares of the bank's stock worth $3,851,000 after buying an additional 20,379 shares during the period. Finally, Marshall Wace LLP increased its stake in shares of Woori Financial Group by 4.5% during the fourth quarter. Marshall Wace LLP now owns 91,806 shares of the bank's stock worth $2,869,000 after buying an additional 3,968 shares during the period. Hedge funds and other institutional investors own 3.41% of the company's stock.

Woori Financial Group Company Profile

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.