Woori Financial Group (NYSE:WF) Sees Large Volume Increase – What’s Next?

Woori Financial Group Inc. (NYSE:WF) shares saw unusually-high trading volume on Thursday . Approximately 58,620 shares were traded during mid-day trading, a decline of 2% from the previous session’s volume of 59,855 shares.The stock last traded at $35.56 and had previously closed at $35.73.

Woori Financial Group Stock Performance

The company has a market cap of $8.40 billion, a PE ratio of 4.41, a P/E/G ratio of 0.77 and a beta of 1.07. 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 stock’s 50-day simple moving average is $33.00 and its 200 day simple moving average is $34.45.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Caprock Group LLC boosted its holdings in Woori Financial Group by 3.1% in the 4th quarter. Caprock Group LLC now owns 15,225 shares of the bank’s stock valued at $476,000 after purchasing an additional 464 shares in the last quarter. SBI Securities Co. Ltd. purchased a new stake in shares of Woori Financial Group in the fourth quarter valued at approximately $25,000. Invesco Ltd. boosted its stake in shares of Woori Financial Group by 2.4% in the fourth quarter. Invesco Ltd. now owns 40,936 shares of the bank’s stock valued at $1,279,000 after buying an additional 950 shares in the last quarter. Advisors Preferred LLC acquired a new position in Woori Financial Group during the fourth quarter worth $32,000. Finally, LPL Financial LLC raised its position in Woori Financial Group by 8.6% in the fourth quarter. LPL Financial LLC now owns 13,346 shares of the bank’s stock worth $417,000 after acquiring an additional 1,055 shares in the last quarter. 3.41% of the stock is owned by hedge funds and other institutional investors.

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.