Woolworths (OTCMKTS:WLWHY) Shares Gap Down - What's Next?

Key Points

• Woolworths Holdings Limited experienced a significant stock price drop, opening at $3.10 after closing at $3.23, with recent trading at $3.28.
• The company announced a dividend of $0.0273 per share, resulting in a remarkable yield of 209.0%, which was paid to investors on October 9th.
• Woolworths operates a chain of retail stores across South Africa, Australia, and New Zealand, with operations in multiple sectors including food, fashion, and financial services.

Woolworths Holdings Limited Sponsored ADR (OTCMKTS:WLWHY - ) gapped down before the market opened on Monday . The stock had previously closed at $3.23, but opened at $3.10. Woolworths shares last traded at $3.28, with a volume of 879 shares traded.

Woolworths Price Performance

The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.48 and a current ratio of 1.20. The business has a 50 day moving average of $3.07 and a two-hundred day moving average of $3.08.

Woolworths Dividend Announcement

The firm also recently announced a dividend, which was paid on Thursday, October 9th. Investors of record on Monday, September 29th were given a dividend of $0.0273 per share. This represents a yield of 209.0%. The ex-dividend date of this dividend was Friday, September 26th.

About Woolworths

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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