Woolworths (OTCMKTS:WLWHY) Shares Gap Up – Still a Buy?

Shares of Woolworths Holdings Limited Sponsored ADR (OTCMKTS:WLWHYGet Free Report) gapped up prior to trading on Thursday . The stock had previously closed at $3.3830, but opened at $3.55. Woolworths shares last traded at $3.6040, with a volume of 2,000 shares traded.

Woolworths Price Performance

The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.48 and a current ratio of 1.20. The company’s 50 day moving average is $3.32 and its two-hundred day moving average is $3.16.

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.

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