Shares of Woolworths Holdings Limited Sponsored ADR (OTCMKTS:WLWHY – Get Free Report) gapped down prior to trading on Wednesday. The stock had previously closed at $2.56, but opened at $2.3388. Woolworths shares last traded at $2.49, with a volume of 7,450 shares changing hands.
Analysts Set New Price Targets
Separately, The Goldman Sachs Group cut Woolworths from a “strong-buy” rating to a “hold” rating in a report on Monday, July 27th. Two investment analysts have rated the stock with a Hold rating. Based on data from MarketBeat.com, the company has a consensus rating of “Hold”.
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Woolworths Stock Performance
The company’s 50 day simple moving average is $2.56 and its 200-day simple moving average is $3.11. The company has a current ratio of 1.11, a quick ratio of 0.41 and a debt-to-equity ratio of 0.84.
Woolworths Company Profile
Woolworths Group Limited is an Australian retail company that operates food and general merchandise businesses in Australia and New Zealand. Its principal Australian food brands include Woolworths supermarkets and Woolworths Metro convenience-format stores, which sell groceries, fresh food, household products and related consumer goods through physical stores and online channels.
In New Zealand, the company operates Woolworths New Zealand, a supermarket business formerly known as Countdown.
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