Woolworths Group (OTCMKTS:WOLWF) Trading Down 12.6% – Here’s Why

Shares of Woolworths Group Limited (OTCMKTS:WOLWFGet Free Report) fell 12.6% during trading on Monday . The stock traded as low as $17.75 and last traded at $17.75. 3,026 shares changed hands during trading, an increase of 82% from the average session volume of 1,663 shares. The stock had previously closed at $20.32.

Woolworths Group Price Performance

The firm’s 50 day moving average price is $19.23 and its two-hundred day moving average price is $21.24.

About Woolworths Group

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Woolworths Group Limited operates retail stores in Australia and New Zealand. It operates through Australian Food, Australian B2B, New Zealand Food, BIG W, and Other segments. The Australian Food segment procures and resells food and related products, and provides services to customers in Australia. The Australian B2B segment engages in procurement and distribution of food and related products for resale to other businesses, as well as provision of supply chain services to business customers in Australia.

Further Reading

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