Woori Financial Group (NYSE:WF) Hits New 1-Year Low at $30.70

Shares of Woori Financial Group Inc (NYSE:WF) hit a new 52-week low during trading on Monday . The company traded as low as $30.70 and last traded at $30.70, with a volume of 25 shares changing hands. The stock had previously closed at $31.29.

Separately, Zacks Investment Research upgraded shares of Woori Financial Group from a “sell” rating to a “hold” rating in a report on Saturday, July 27th.

The firm has a market cap of $7.02 billion, a PE ratio of 4.00, a P/E/G ratio of 1.06 and a beta of 0.60. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.06 and a current ratio of 1.06. The firm’s fifty day simple moving average is $35.54.

Woori Financial Group (NYSE:WF) last announced its quarterly earnings results on Thursday, May 16th. The bank reported $2.28 earnings per share (EPS) for the quarter. The company had revenue of $1.71 billion for the quarter. Woori Financial Group had a net margin of 17.69% and a return on equity of 9.33%. Equities analysts expect that Woori Financial Group Inc will post 7.77 earnings per share for the current year.

A number of institutional investors have recently made changes to their positions in WF. Aperio Group LLC boosted its stake in Woori Financial Group by 49.5% in the 2nd quarter. Aperio Group LLC now owns 296,125 shares of the bank’s stock worth $10,874,000 after purchasing an additional 98,076 shares in the last quarter. O Shaughnessy Asset Management LLC lifted its stake in Woori Financial Group by 56.8% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 58,759 shares of the bank’s stock valued at $2,112,000 after acquiring an additional 21,281 shares during the period. Acadian Asset Management LLC lifted its stake in Woori Financial Group by 764.2% during the 1st quarter. Acadian Asset Management LLC now owns 8,417 shares of the bank’s stock valued at $303,000 after acquiring an additional 7,443 shares during the period. Comerica Bank lifted its stake in Woori Financial Group by 83.0% during the 1st quarter. Comerica Bank now owns 12,282 shares of the bank’s stock valued at $465,000 after acquiring an additional 5,572 shares during the period. Finally, Millennium Management LLC bought a new position in Woori Financial Group during the 4th quarter valued at about $212,000. Institutional investors own 0.54% of the company’s stock.

About Woori Financial Group (NYSE:WF)

Woori Financial Group Inc provides commercial banking products and services to retail and individual customers, and corporations. The company offers salary, fixed deposit, savings, and ordinary and business deposit products; and professional, deposit mortgage, apartment, and mortgage loans, as well as corporate operating, facility, and policy loans.

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