Woolworths (OTCMKTS:WLWHY) Trading Down 6.5% – What’s Next?

Woolworths Holdings Limited (OTCMKTS:WLWHYGet Free Report) dropped 6.5% on Wednesday . The stock traded as low as $3.62 and last traded at $3.72. Approximately 1,027 shares changed hands during mid-day trading, a decline of 54% from the average daily volume of 2,210 shares. The stock had previously closed at $3.98.

Woolworths Trading Down 6.5 %

The company has a debt-to-equity ratio of 0.58, a current ratio of 0.92 and a quick ratio of 0.31. The stock has a 50 day moving average price of $3.93 and a 200-day moving average price of $3.62.

Woolworths Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, October 10th. Shareholders of record on Friday, September 27th were paid a dividend of $0.0465 per share. The ex-dividend date was Friday, September 27th.

About Woolworths

(Get Free Report)

Woolworths Holdings Limited, through its subsidiaries, operates a chain of retail stores in South Africa, Australia, and New Zealand. It operates through seven segments: Woolworths Fashion, Beauty and Home; Woolworths Food; Woolworths Financial Services; Woolworths Logistics; Country Road Group; and Treasury.

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