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Woolworths (OTCMKTS:WLWHY) Trading Up 14.2% - Here's Why

Woolworths logo with Retail/Wholesale background

Shares of Woolworths Holdings Limited (OTCMKTS:WLWHY - Get Free Report) were up 14.2% during mid-day trading on Wednesday . The company traded as high as $3.65 and last traded at $3.45. Approximately 396 shares changed hands during mid-day trading, a decline of 65% from the average daily volume of 1,141 shares. The stock had previously closed at $3.02.

Woolworths Price Performance

The business has a fifty day moving average of $2.99 and a 200-day moving average of $3.35. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.92 and a quick ratio of 0.31.

Woolworths Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, April 10th. Investors of record on Friday, March 28th were issued a $0.0583 dividend. This is a positive change from Woolworths's previous dividend of $0.05. The ex-dividend date was Friday, March 28th.

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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