Woolworths Group (OTCMKTS:WOLWF) Stock Price Up 2% – What’s Next?

Woolworths Group Limited (OTCMKTS:WOLWF)’s stock price shot up 2% during mid-day trading on Wednesday . The stock traded as high as $19.65 and last traded at $19.65. 100 shares were traded during trading, a decline of 92% from the average session volume of 1,302 shares. The stock had previously closed at $19.2725.

Woolworths Group Stock Performance

The firm has a 50-day moving average price of $18.66 and a two-hundred day moving average price of $18.78.

About Woolworths Group

Woolworths Group is one of Australia’s leading retail companies, operating a diversified portfolio of supermarket, liquor, and general merchandise banners. Founded in 1924 and headquartered in Bella Vista, New South Wales, the company grew from a single variety store into a national retailer with more than 1,000 Woolworths Supermarkets, Big W discount department stores, and an extensive network of convenience and Metro outlets across Australia and New Zealand. Its core supermarket segment offers fresh produce, meat, bakery, deli, seafood, and everyday grocery items, while its general merchandise arm provides clothing, home goods, electronics and seasonal products.

In addition to supermarkets and discount department stores, Woolworths Group operates several specialty liquor brands, including BWS, Dan Murphy’s and Cellarmasters, following the demerger of Endeavour Group in 2021.