Woodside Energy Group (OTCMKTS:WOPEY) Stock Passes Below 200-Day Moving Average – Should You Sell?

Shares of Woodside Energy Group Ltd (OTCMKTS:WOPEYGet Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $16.18 and traded as low as $15.35. Woodside Energy Group shares last traded at $15.48, with a volume of 1,351,806 shares changing hands.

Woodside Energy Group Stock Up 1.6%

The company has a current ratio of 1.63, a quick ratio of 1.55 and a debt-to-equity ratio of 0.36. The stock’s fifty day moving average price is $16.18 and its two-hundred day moving average price is $16.18.

Woodside Energy Group Company Profile

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Woodside Energy Group (OTCMKTS:WOPEY) is Australia’s largest independent energy company, specializing in the exploration, development and production of oil and natural gas resources. The company’s core operations span both conventional and liquefied natural gas (LNG) projects, underpinned by key assets such as the North West Shelf Project and the Pluto LNG plant. Woodside’s portfolio encompasses upstream activities from seismic surveying and drilling to long-term supply agreements that serve major energy markets in the Asia-Pacific region.

In addition to its traditional oil and gas ventures, Woodside Energy Group has diversified into emerging energy solutions, including hydrogen production and carbon capture initiatives.

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