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Woodside Energy Group (OTCMKTS:WOPEY) Share Price Passes Below Two Hundred Day Moving Average - Here's Why

Woodside Energy Group logo with Energy background

Key Points

  • Woodside Energy Group shares have fallen below their 200-day moving average of $15.16, trading as low as $15.07 during recent sessions.
  • The company's financial metrics show a debt-to-equity ratio of 0.36 and a current ratio of 1.63, indicating healthy financial stability.
  • Woodside Energy engages in the exploration and production of hydrocarbons across various global regions, including Oceania, Asia, and Africa.
  • Five stocks to consider instead of Woodside Energy Group.

Woodside Energy Group Ltd (OTCMKTS:WOPEY - Get Free Report) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $15.16 and traded as low as $15.07. Woodside Energy Group shares last traded at $15.16, with a volume of 495,342 shares trading hands.

Woodside Energy Group Stock Up 0.7%

The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.55 and a current ratio of 1.63. The business's 50 day simple moving average is $16.69 and its two-hundred day simple moving average is $15.16.

Woodside Energy Group Company Profile

(Get Free Report)

Woodside Energy Group Ltd engages in the exploration, evaluation, development, production, marketing, and sale of hydrocarbons in Oceania, Asia, Canada, Africa, and internationally. The company produces liquefied natural gas, pipeline natural gas, condensate, liquefied petroleum gas, and crude oil. It holds interests in the Greater Browse, Greater Sunrise, Greater Pluto, Greater Exmouth, North West Shelf, Wheatstone, Julimar-Brunello, Canada, Senegal, Greater Scarborough, and Myanmar projects.

Further Reading

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