Woolworths (OTCMKTS:WLWHY) Shares Gap Down – Time to Sell?

Woolworths Holdings Limited Sponsored ADR (OTCMKTS:WLWHY) gapped down prior to trading on Tuesday . The stock had previously closed at $3.6850, but opened at $3.50. Woolworths shares last traded at $3.50, with a volume of 200 shares.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group upgraded shares of Woolworths to a “strong-buy” rating in a research report on Monday, January 19th. One investment analyst has rated the stock with a Strong Buy rating, According to MarketBeat.com, Woolworths currently has an average rating of “Strong Buy”.

Woolworths Trading Down 5.0%

The stock’s 50-day simple moving average is $3.54 and its two-hundred day simple moving average is $3.28. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.48 and a current ratio of 1.20.

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.