Woolworths Group (OTCMKTS:WOLWF) Shares Down 15.4% – Here’s What Happened

Shares of Woolworths Group Limited (OTCMKTS:WOLWF) dropped 15.4% on Monday . The stock traded as low as $17.09 and last traded at $17.09. Approximately 1,238 shares were traded during trading, an increase of 15% from the average daily volume of 1,073 shares. The stock had previously closed at $20.21.

Woolworths Group Trading Down 15.4 %

The firm has a 50-day moving average of $18.64 and a two-hundred day moving average of $20.86.

Woolworths Group Company Profile

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.