Somewhat Critical Press Coverage Extremely Likely to Impact WESFARMERS Ltd/ADR (WFAFY) Stock Price

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Media headlines about WESFARMERS Ltd/ADR (OTCMKTS:WFAFY) have been trending somewhat negative on Friday, InfoTrie Sentiment reports. The research group scores the sentiment of press coverage by monitoring more than 6,000 blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. WESFARMERS Ltd/ADR earned a news sentiment score of -1.50 on their scale. InfoTrie also assigned news coverage about the company an news buzz score of 10 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock’s share price in the near term.

WESFARMERS Ltd/ADR stock traded down $0.62 during midday trading on Friday, reaching $15.99. The stock had a trading volume of 328,720 shares, compared to its average volume of 9,984. WESFARMERS Ltd/ADR has a 52-week low of $15.54 and a 52-week high of $19.61.

Separately, Citigroup raised shares of WESFARMERS Ltd/ADR from a “sell” rating to a “neutral” rating in a research report on Tuesday, October 16th.

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About WESFARMERS Ltd/ADR

Wesfarmers Limited engages in the retail, coal mining and production, gas processing and distribution, industrial and safety product distribution, chemicals and fertilizers manufacturing, and investment businesses in Australia, New Zealand, the United Kingdom, and internationally. The company operates 809 Coles supermarkets; 899 liquor stores under the Liquorland, Vintage Cellars, and First Choice Liquor brands; 88 hotels; 711 convenience outlets; and an online supermarket.

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