Will Westrock Coffee Company (NASDAQ: WEST) Stock Boom Or Bust From Here?

During the last session, Westrock Coffee Company (NASDAQ:WEST)’s traded shares were 0.71 million, with the beta value of the company hitting 0.41. At the end of the trading day, the stock’s price was $6.71, reflecting an intraday loss of -7.58% or -$0.55. The 52-week high for the WEST share is $11.21, that puts it down -67.06 from that peak though still a striking -0.75% loss since the share price plummeted to a 52-week low of $6.76. The company’s market capitalization is $593.50M, and the average intraday trading volume over the past 10 days was 0.41 million shares, and the average trade volume was 255.82K shares over the past three months.

Westrock Coffee Company (WEST) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. WEST has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Westrock Coffee Company (NASDAQ:WEST) trade information

Westrock Coffee Company (WEST) registered a -7.58% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -7.58% in intraday trading to $6.71, hitting a weekly high. The stock’s 5-day price performance is -4.69%, and it has moved by -22.52% in 30 days. Based on these gigs, the overall price performance for the year is -28.69%. The short interest in Westrock Coffee Company (NASDAQ:WEST) is 5.7 million shares and it means that shorts have 22.36 day(s) to cover.

The consensus price target of analysts on Wall Street is $14, which implies an increase of 52.07% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $14 and $14 respectively. As a result, WEST is trading at a discount of -108.64% off the target high and -108.64% off the low.

Westrock Coffee Company (WEST) estimates and forecasts

Statistics show that Westrock Coffee Company has outperformed its competitors in share price, compared to the industry in which it operates. Westrock Coffee Company (WEST) shares have gone down -33.50% during the last six months, with a year-to-date growth rate more than the industry average at 53.49% against 20.20.

While earnings are projected to return -57.94% in 2024.

WEST Dividends

Westrock Coffee Company is due to release its next quarterly earnings on 2024-Nov-07. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Westrock Coffee Company (NASDAQ:WEST)’s Major holders

Westrock Coffee Company insiders own 56.30% of total outstanding shares while institutional holders control 40.69%, with the float percentage being 93.13%.