Woolworths (OTCMKTS:WLWHY) Shares Gap Down – What’s Next?

Shares of Woolworths Holdings Limited Sponsored ADR (OTCMKTS:WLWHY) gapped down prior to trading on Wednesday . The stock had previously closed at $3.7950, but opened at $3.48. Woolworths shares last traded at $3.4676, with a volume of 3,007 shares.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group raised shares of Woolworths to a “strong-buy” rating in a research note on Monday, January 19th. One investment analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Strong Buy”.

Woolworths Stock Performance

The company has a quick ratio of 0.48, a current ratio of 1.20 and a debt-to-equity ratio of 0.87. The business’s fifty day moving average price is $3.52 and its two-hundred day moving average price is $3.27.

Woolworths Company Profile

Woolworths Group Limited (OTCMKTS:WLWHY) is one of Australia’s leading retailing companies, offering a broad range of food, everyday goods and general merchandise to consumers across Australia and New Zealand. Headquartered in Bella Vista, New South Wales, the company operates flagship supermarket brands that focus on fresh produce, grocery items and household essentials. Its retail network includes both large-format stores and smaller urban formats designed to meet diverse customer needs.

The group’s core operations are divided into supermarkets and distribution, which supply fresh food, dry groceries and general merchandise; the Big W division, which offers apparel, entertainment, home goods and toys; and digital platforms that enable online grocery shopping and click-and-collect services.