Woolworths (OTCMKTS:WLWHY) Shares Gap Down – Should You Sell?

Woolworths Holdings Limited Sponsored ADR (OTCMKTS:WLWHY) gapped down before the market opened on Thursday. The stock had previously closed at $2.65, but opened at $2.25. Woolworths shares last traded at $2.25, with a volume of 1,105 shares.

Wall Street Analyst Weigh In

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

Woolworths Stock Down 12.8%

The company has a current ratio of 1.11, a quick ratio of 0.41 and a debt-to-equity ratio of 0.84. The firm has a 50-day moving average price of $2.53 and a two-hundred day moving average price of $3.09.

Woolworths Company Profile

Woolworths Group Limited is an Australian retail company best known for its supermarket operations. In Australia, it operates Woolworths Supermarkets and smaller Woolworths Metro stores, selling groceries, fresh food, household goods and related products through physical stores and online channels. The group also operates BIG W, an Australian discount department store business offering products such as clothing, homewares, toys and electronics. In New Zealand, its supermarket business operates under the Woolworths brand.