Woolworths (OTCMKTS:WLWHY) Sets New 52-Week Low – Should You Sell?

Shares of Woolworths Holdings Limited Sponsored ADR (OTCMKTS:WLWHY – Get Free Report) reached a new 52-week low during mid-day trading on Wednesday. The stock traded as low as $2.2005 and last traded at $2.2005, with a volume of 100 shares changing hands. The stock had previously closed at $2.5981.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group downgraded Woolworths from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 27th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock has a consensus rating of “Hold”.

View Our Latest Report on WLWHY

Woolworths Trading Down 11.8%

The company’s 50-day moving average is $2.80 and its two-hundred day moving average is $3.11.

About Woolworths

(Get Free Report)

Woolworths Group Limited is an Australian retail company that operates supermarkets and other consumer-focused businesses in Australia and New Zealand. The company is best known for its Woolworths supermarkets in Australia, which sell groceries, fresh food, household products, personal-care items and general merchandise through physical stores and digital channels.

Its Australian food operations also include Woolworths Metro convenience-format stores and online grocery services. In New Zealand, the company operates Woolworths-branded supermarkets, following the rebranding of its Countdown stores.

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