Woori Financial Group (NYSE:WF) Shares Gap Up to $30.34

Woori Financial Group Inc. (NYSE:WF – Get Rating)’s stock price gapped up prior to trading on Friday . The stock had previously closed at $30.34, but opened at $31.15. Woori Financial Group shares last traded at $31.07, with a volume of 243 shares.

Woori Financial Group Stock Up 3.0 %

The company has a market cap of $7.59 billion, a P/E ratio of 3.26, a P/E/G ratio of 0.20 and a beta of 0.92. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 1.07. The business’s 50 day moving average is $28.56 and its 200 day moving average is $26.76.

Woori Financial Group (NYSE:WF – Get Rating) last released its quarterly earnings results on Thursday, November 10th. The bank reported $2.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.52 by $0.01. Woori Financial Group had a net margin of 20.33% and a return on equity of 10.29%. The business had revenue of $2.01 billion for the quarter. As a group, equities analysts anticipate that Woori Financial Group Inc. will post 9.09 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Woori Financial Group

Several institutional investors and hedge funds have recently bought and sold shares of the company. BNP Paribas Arbitrage SNC grew its holdings in Woori Financial Group by 2,842.1% in the third quarter. BNP Paribas Arbitrage SNC now owns 4,472 shares of the bank’s stock worth $100,000 after purchasing an additional 4,320 shares during the last quarter. Mercer Global Advisors Inc. ADV purchased a new stake in shares of Woori Financial Group during the third quarter valued at $274,000. Strategic Global Advisors LLC grew its holdings in shares of Woori Financial Group by 2.7% during the third quarter. Strategic Global Advisors LLC now owns 21,970 shares of the bank’s stock valued at $490,000 after buying an additional 581 shares during the last quarter. Two Sigma Investments LP grew its holdings in shares of Woori Financial Group by 75.8% during the third quarter. Two Sigma Investments LP now owns 19,261 shares of the bank’s stock valued at $430,000 after buying an additional 8,302 shares during the last quarter. Finally, Marshall Wace LLP grew its holdings in shares of Woori Financial Group by 67.1% during the third quarter. Marshall Wace LLP now owns 168,243 shares of the bank’s stock valued at $3,751,000 after buying an additional 67,537 shares during the last quarter. 1.40% of the stock is owned by hedge funds and other institutional investors.

Woori Financial Group Company Profile

(Get Rating)

Woori Financial Group Inc, together with its subsidiaries, operates as a commercial bank that provides a range of financial services to individual, business, and institutional customers in Korea. It operates through Banking, Credit Card, Capital, Investment Banking, and Others segments. The company offers savings, demand, and installment deposits; time deposits and certificates of deposit; and working capital, facilities, general purpose household, mortgage, and home equity loans.