Woolworths (OTCMKTS:WLWHY) Stock Price Down 8.8% – What’s Next?

Woolworths Holdings Limited Sponsored ADR (OTCMKTS:WLWHY)’s stock price dropped 8.8% during mid-day trading on Friday . The stock traded as low as $3.36 and last traded at $3.36. Approximately 1,064 shares changed hands during trading, a decline of 61% from the average daily volume of 2,724 shares. The stock had previously closed at $3.6850.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group upgraded 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, According to MarketBeat, the company currently has a consensus rating of “Strong Buy”.

Woolworths Stock Performance

The company has a debt-to-equity ratio of 0.87, a current ratio of 1.20 and a quick ratio of 0.48. The business’s 50-day moving average is $3.55 and its two-hundred day moving average is $3.29.

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.