Westrock Coffee Stock Dips 6.2% Amid Trading Volume Decline

Westrock Coffee Stock Dips 6.2% Amid Trading Volume Decline

Westrock Coffee’s stock price experienced a notable decline of 6.2% on Thursday, dropping to a low of $1.85 before closing at $1.97. This decrease occurred amidst a significant reduction in trading volume, with only 5,913 shares changing hands compared to the average session volume of 9,998 shares—a decline of 41%. Prior to this drop, the stock had closed at $2.10. The company’s 50-day moving average price stood at $2.28, while the 200-day moving average price was $2.22, indicating a downward trend in recent performance.

Westrock Coffee Company, LLC operates in the United States and internationally as a comprehensive provider of coffee, tea, flavors, extracts, and ingredient solutions. The company is divided into two segments: Beverage Solutions, which includes branded and private label coffee packaging and extract solutions for cold brew and ready-to-drink applications, and Sustainable Sourcing & Traceability (SS&T), which focuses on sustainable sourcing practices.

Investors and analysts are encouraged to stay informed about Westrock Coffee’s performance and related market developments by subscribing to MarketBeat.com’s free daily email newsletter, which offers a concise summary of the latest news and ratings.


Enjoying the read? Subscribe for free to one of the fastest-growing newsletters and get weekly coffee news (TL;DR updates) delivered right to your inbox.