Wesfarmers Limited (OTCMKTS:WFAFY – Get Free Report) was up 3.1% during trading on Monday . The stock traded as high as $26.2450 and last traded at $26.09. Approximately 200,278 shares changed hands during trading, an increase of 120% from the average daily volume of 91,201 shares. The stock had previously closed at $25.31.
Wesfarmers Price Performance
The stock’s fifty day moving average is $28.41 and its 200-day moving average is $28.24.
Wesfarmers Company Profile
Wesfarmers Limited is one of Australia’s largest diversified corporations, headquartered in Perth, Western Australia. Established in 1914 as a farmers’ cooperative, the company has evolved into a broad-based conglomerate with operations spanning retail, industrials, chemicals, energy and resources. Wesfarmers is listed on the Australian Securities Exchange and trades in the United States over-the-counter under the symbol WFAFY.
In the retail sector, Wesfarmers owns and operates a number of high-profile brands, including Bunnings Warehouse, Kmart, Target and Officeworks.
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