Wesfarmers Limited (OTCMKTS:WFAFY – Get Free Report)’s share price rose 3.1% on Monday . The company traded as high as $26.2450 and last traded at $26.09. Approximately 200,278 shares were traded during mid-day trading, an increase of 120% from the average daily volume of 91,201 shares. The stock had previously closed at $25.31.
Wesfarmers Stock Performance
The company has a 50 day moving average of $28.49 and a two-hundred day moving average of $28.30.
Wesfarmers Company Profile
Wesfarmers Limited is one of Australia’s largest diversified corporations, headquartered in Perth, Western Australia. Established in 1914 as a farmers’ cooperative, the company has evolved into a broad-based conglomerate with operations spanning retail, industrials, chemicals, energy and resources. Wesfarmers is listed on the Australian Securities Exchange and trades in the United States over-the-counter under the symbol WFAFY.
In the retail sector, Wesfarmers owns and operates a number of high-profile brands, including Bunnings Warehouse, Kmart, Target and Officeworks.
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