Woori Financial Group Inc (NYSE:WF) shares hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $27.59 and last traded at $28.63, with a volume of 73113 shares changing hands. The stock had previously closed at $29.10.

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

The stock has a 50-day simple moving average of $32.85 and a 200-day simple moving average of $36.13. The company has a market capitalization of $6.53 billion, a price-to-earnings ratio of 3.75, a price-to-earnings-growth ratio of 0.98 and a beta of 0.60. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.85.

Institutional investors and hedge funds have recently made changes to their positions in the business. BNP Paribas Arbitrage SA acquired a new stake in shares of Woori Financial Group during the 2nd quarter valued at approximately $40,000. Strategic Global Advisors LLC acquired a new stake in shares of Woori Financial Group during the 2nd quarter valued at approximately $201,000. Millennium Management LLC acquired a new stake in shares of Woori Financial Group during the 4th quarter valued at approximately $212,000. Acadian Asset Management LLC raised its position in shares of 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 in the last quarter. Finally, US Bancorp DE raised its position in shares of Woori Financial Group by 193.5% during the 2nd quarter. US Bancorp DE now owns 8,354 shares of the bank’s stock valued at $307,000 after acquiring an additional 5,508 shares in the last quarter. 0.70% of the stock is currently owned by institutional investors.

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.

Further Reading: Retained Earnings

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