George Weston (OTCMKTS:WNGRF) Reaches New 12-Month High – Here’s Why

George Weston Limited (OTCMKTS:WNGRF) reached a new 52-week high during trading on Wednesday . The company traded as high as $168.10 and last traded at $166.75, with a volume of 600 shares traded. The stock had previously closed at $165.49.

Analysts Set New Price Targets

Separately, Scotiabank lowered George Weston from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 27th.

George Weston Trading Up 0.8 %

The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.77 and a current ratio of 1.32. The company has a market cap of $21.61 billion, a P/E ratio of 50.68 and a beta of 0.54. The business has a fifty day simple moving average of $156.68 and a 200 day simple moving average of $159.73.

George Weston Company Profile

George Weston Limited provides food and drug retailing, and financial services in Canada. The company operates through two segments, Loblaw Companies Limited (Loblaw) and Choice Properties Real Estate Investment Trust (Choice Properties). The Loblaw segment provides grocery, pharmacy and healthcare services, health and beauty products, apparel, general merchandise, and financial services.