Woolworths (OTCMKTS:WLWHY) Sets New 12-Month Low – What’s Next?

Woolworths Holdings Limited Sponsored ADR (OTCMKTS:WLWHY – Get Free Report)’s share price reached a new 52-week low on Wednesday. The company traded as low as $2.2005 and last traded at $2.2005, with a volume of 100 shares. The stock had previously closed at $2.5981.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group cut Woolworths from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 27th. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat, Woolworths has a consensus rating of “Hold”.

Read Our Latest Stock Analysis on WLWHY

Woolworths Trading Down 11.8%

The stock’s fifty day moving average price is $2.80 and its 200 day moving average price is $3.11.

About Woolworths

(Get Free Report)

Woolworths Group Limited is an Australian retail company that operates supermarkets and other consumer-focused businesses in Australia and New Zealand. The company is best known for its Woolworths supermarkets in Australia, which sell groceries, fresh food, household products, personal-care items and general merchandise through physical stores and digital channels.

Its Australian food operations also include Woolworths Metro convenience-format stores and online grocery services. In New Zealand, the company operates Woolworths-branded supermarkets, following the rebranding of its Countdown stores.

Featured Stories

Receive News & Ratings for Woolworths Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Woolworths and related companies with MarketBeat.com's FREE daily email newsletter.