George Weston (OTCMKTS:WNGRF) Sets New 1-Year High – What’s Next?

Shares of George Weston Limited (OTCMKTS:WNGRF) reached a new 52-week high on Tuesday . The stock traded as high as $173.12 and last traded at $173.12, with a volume of 623 shares. The stock had previously closed at $166.75.

Analyst Ratings Changes

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

George Weston Trading Up 3.8 %

The firm has a market capitalization of $22.44 billion, a price-to-earnings ratio of 52.62 and a beta of 0.54. The business’s fifty day moving average is $157.99 and its 200 day moving average is $159.84. The company has a quick ratio of 0.77, a current ratio of 1.32 and a debt-to-equity ratio of 1.08.

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.