Woodside Energy Group Ltd (NYSE:WDS - Get Free Report) has been assigned an average recommendation of "Hold" from the six research firms that are covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell rating, three have given a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company.
Separately, Bank of America upgraded shares of Woodside Energy Group from a "neutral" rating to a "buy" rating in a research report on Wednesday.
Read Our Latest Stock Report on WDS
Woodside Energy Group Trading Up 0.8 %
Shares of WDS stock traded up $0.12 during midday trading on Wednesday, hitting $15.57. The company had a trading volume of 547,579 shares, compared to its average volume of 809,873. The company has a current ratio of 1.24, a quick ratio of 1.09 and a debt-to-equity ratio of 0.13. The company's 50 day simple moving average is $15.63 and its 200 day simple moving average is $16.56. Woodside Energy Group has a 52-week low of $14.34 and a 52-week high of $21.38.
Hedge Funds Weigh In On Woodside Energy Group
Institutional investors and hedge funds have recently made changes to their positions in the stock. Avior Wealth Management LLC grew its position in Woodside Energy Group by 155.3% during the third quarter. Avior Wealth Management LLC now owns 1,644 shares of the company's stock worth $28,000 after buying an additional 1,000 shares during the period. R Squared Ltd purchased a new position in Woodside Energy Group in the 4th quarter valued at approximately $30,000. GAMMA Investing LLC raised its holdings in Woodside Energy Group by 43.6% during the fourth quarter. GAMMA Investing LLC now owns 2,176 shares of the company's stock worth $34,000 after purchasing an additional 661 shares during the last quarter. Nisa Investment Advisors LLC boosted its position in Woodside Energy Group by 81.8% during the third quarter. Nisa Investment Advisors LLC now owns 2,000 shares of the company's stock worth $36,000 after purchasing an additional 900 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new stake in Woodside Energy Group during the third quarter worth $39,000. 3.17% of the stock is owned by institutional investors and hedge funds.
About Woodside Energy Group
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Get Free ReportWoodside Energy Group Ltd engages in the exploration, evaluation, development, production, and marketing of hydrocarbons in the Asia Pacific, Africa, the Americas, and the Europe. The company produces liquefied natural gas, pipeline gas, crude oil and condensate, and natural gas liquids. It holds interests in the Pluto LNG, North West Shelf, Wheatstone and Julimar-Brunello, Bass Strait, Ngujima-Yin FPSO, Okha FPSO, Pyrenees FPSO, Macedon, Shenzi, Mad dog, Greater Angostura, as well as Scarborough, Sangomar, Trion, Calypso, Browse, Liard, Atlantis, Woodside Solar opportunity, and Sunrise and Troubadour.
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