Woolworths (OTCMKTS:WLWHY) Sees Large Volume Increase – Still a Buy?

Woolworths Holdings Limited Sponsored ADR (OTCMKTS:WLWHYGet Free Report) saw an uptick in trading volume on Thursday . Approximately 6,002 shares traded hands during mid-day trading, an increase of 37% from the previous session’s volume of 4,377 shares.The stock last traded at $3.3550 and had previously closed at $3.3045.

Woolworths Stock Performance

The firm has a 50 day simple moving average of $3.28 and a 200-day simple moving average of $3.14. The company has a quick ratio of 0.48, a current ratio of 1.20 and a debt-to-equity ratio of 0.87.

About Woolworths

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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.

Further Reading

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