Woolworths (OTCMKTS:WLWHY) Shares Down 3% – Here’s Why

Shares of Woolworths Holdings Limited (OTCMKTS:WLWHYGet Free Report) traded down 3% during trading on Friday . The company traded as low as $2.85 and last traded at $2.86. 439 shares were traded during mid-day trading, a decline of 64% from the average session volume of 1,228 shares. The stock had previously closed at $2.95.

Woolworths Stock Performance

The stock’s fifty day moving average price is $3.27 and its 200 day moving average price is $3.59. The company has a quick ratio of 0.31, a current ratio of 0.92 and a debt-to-equity ratio of 0.58.

Woolworths Increases Dividend

The company also recently announced a dividend, which will be paid on Thursday, April 10th. Investors of record on Friday, March 28th will be paid a $0.0583 dividend. The ex-dividend date of this dividend is Friday, March 28th. This is a boost from Woolworths’s previous dividend of $0.05.

Woolworths Company Profile

(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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