WEST Stock Shows Impressive bearish Momentum with -2.95% Movement on Dec 27, 2024
Date: Dec 27, 2024 (Friday) open : $6.77 close : $6.58 low : $6.53 high : $6.79 previous close: $6.78
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On Dec 27, 2024 (Friday), WESTROCK COFFEE COMPANY (WEST) in the consumer goods sector showed bearish momentum of -2.95% w.r.t previous day's close. The stock belongs to the food & beverage industry within the consumer goods sector.
The stock opened with a gap down at $6.77, compared to the previous close of $6.78 (a gap down of -0.15%).
The stock hit a high of $6.79 and a low of $6.53, creating a trading range of $0.26. The price movement for the day was -2.81% lower than the opening price.
The stock experienced a substantial drop in trading activity, trading 250,178 shares, which is 35.15% lower than the average of 385,752 shares, like a sharp decrease in volume compared to its usual levels. This decline indicates reduced market participation or a lack of significant news to drive interest.
The stock showed moderate volatility (3.95%) with movement between $6.53 and $6.79.
Even though the market is bullish, the stock closed lower—kind of going against the flow.
Disclaimer: This analysis is provided solely for educational purposes and does not include any recommendations. For any financial decisions, it’s advised to consult with your financial advisor.