Woori Financial Group (NYSE:WF) Sees Unusually-High Trading Volume

Shares of Woori Financial Group Inc. (NYSE:WF) saw unusually-high trading volume on Thursday . Approximately 27,924 shares changed hands during trading, a decline of 50% from the previous session’s volume of 56,375 shares.The stock last traded at $36.71 and had previously closed at $35.71.

Woori Financial Group Trading Up 2.8 %

The company has a current ratio of 0.12, a quick ratio of 0.12 and a debt-to-equity ratio of 0.86. The company’s 50-day moving average is $34.56 and its 200 day moving average is $32.87. The firm has a market cap of $9.09 billion, a PE ratio of 5.01, a P/E/G ratio of 0.42 and a beta of 1.05.

Woori Financial Group (NYSE:WF) last announced its quarterly earnings data on Wednesday, August 14th. The bank reported $2.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.18 by $0.35. Woori Financial Group had a net margin of 11.48% and a return on equity of 7.86%. The business had revenue of $2.06 billion for the quarter. As a group, sell-side analysts predict that Woori Financial Group Inc. will post 8.21 EPS for the current year.

Institutional Trading of Woori Financial Group

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Lindbrook Capital LLC raised its holdings in shares of Woori Financial Group by 6.4% during the 1st quarter. Lindbrook Capital LLC now owns 5,889 shares of the bank’s stock worth $191,000 after buying an additional 354 shares in the last quarter. PDS Planning Inc grew its position in Woori Financial Group by 3.5% in the 1st quarter. PDS Planning Inc now owns 11,977 shares of the bank’s stock worth $388,000 after purchasing an additional 403 shares in the last quarter. PNC Financial Services Group Inc. lifted its stake in Woori Financial Group by 2.5% in the fourth quarter. PNC Financial Services Group Inc. now owns 17,336 shares of the bank’s stock valued at $524,000 after purchasing an additional 415 shares during the last quarter. QRG Capital Management Inc. increased its stake in shares of Woori Financial Group by 4.6% in the second quarter. QRG Capital Management Inc. now owns 12,585 shares of the bank’s stock worth $403,000 after purchasing an additional 556 shares in the last quarter. Finally, EverSource Wealth Advisors LLC lifted its holdings in Woori Financial Group by 7.4% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 9,609 shares of the bank’s stock worth $339,000 after purchasing an additional 666 shares in the last quarter. Institutional investors and hedge funds own 17.79% 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.