WOODSIDE PET LT/ADR (OTCMKTS:WOPEY) Shares Cross Below Two Hundred Day Moving Average of $24.30

WOODSIDE PET LT/ADR (OTCMKTS:WOPEY) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $24.30 and traded as low as $21.86. WOODSIDE PET LT/ADR shares last traded at $21.86, with a volume of 9,033 shares traded.

Separately, ValuEngine lowered WOODSIDE PET LT/ADR from a “hold” rating to a “sell” rating in a research note on Thursday, August 1st.

The company has a 50 day moving average price of $22.16 and a 200 day moving average price of $24.28.

A hedge fund recently raised its stake in WOODSIDE PET LT/ADR stock. Scout Investments Inc. grew its holdings in WOODSIDE PET LT/ADR (OTCMKTS:WOPEY) by 8.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 105,289 shares of the oil and gas exploration company’s stock after purchasing an additional 8,537 shares during the period. Scout Investments Inc.’s holdings in WOODSIDE PET LT/ADR were worth $2,687,000 as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 0.16% of the company’s stock.

About WOODSIDE PET LT/ADR (OTCMKTS:WOPEY)

Woodside Petroleum 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, Canada, Senegal, Greater Scarborough, and Myanmar projects.

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