Woori Financial Group (NYSE:WF) Share Price Passes Above Two Hundred Day Moving Average of $32.05

Shares of Woori Financial Group Inc. (NYSE:WF) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $32.05 and traded as high as $33.50. Woori Financial Group shares last traded at $33.10, with a volume of 62,830 shares trading hands.

Woori Financial Group Stock Down 3.8 %

The company has a quick ratio of 1.07, a current ratio of 1.08 and a debt-to-equity ratio of 0.89. The business has a 50-day simple moving average of $32.13 and a two-hundred day simple moving average of $32.08. The stock has a market capitalization of $8.18 billion, a P/E ratio of 4.64, a PEG ratio of 0.39 and a beta of 1.07.

Woori Financial Group (NYSE:WF) last issued its earnings results on Thursday, May 16th. The bank reported $2.53 EPS for the quarter, beating the consensus estimate of $2.13 by $0.40. The company had revenue of $1.81 billion for the quarter. Woori Financial Group had a net margin of 10.48% and a return on equity of 7.08%. Equities research analysts forecast that Woori Financial Group Inc. will post 8.21 earnings per share for the current fiscal year.

Institutional Trading of Woori Financial Group

A number of hedge funds and other institutional investors have recently modified their holdings of WF. Janiczek Wealth Management LLC increased its stake in shares of Woori Financial Group by 47.3% in the 4th quarter. Janiczek Wealth Management LLC now owns 1,077 shares of the bank’s stock valued at $33,000 after acquiring an additional 346 shares during the last quarter. GAMMA Investing LLC bought a new stake in Woori Financial Group in the fourth quarter valued at approximately $34,000. CWM LLC raised its holdings in Woori Financial Group by 27.8% in the fourth quarter. CWM LLC now owns 3,507 shares of the bank’s stock worth $106,000 after purchasing an additional 763 shares during the period. Lindbrook Capital LLC boosted its position in shares of Woori Financial Group by 14.0% during the fourth quarter. Lindbrook Capital LLC now owns 5,535 shares of the bank’s stock worth $167,000 after purchasing an additional 679 shares in the last quarter. Finally, EverSource Wealth Advisors LLC grew its holdings in shares of Woori Financial Group by 17.5% in the 4th quarter. EverSource Wealth Advisors LLC now owns 8,197 shares of the bank’s stock valued at $248,000 after buying an additional 1,221 shares during the period. Institutional investors and hedge funds own 17.79% 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.