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George Weston (OTCMKTS:WNGRF) Reaches New 52-Week High - Should You Buy?

George Weston logo with Consumer Staples background
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George Weston Limited (OTCMKTS:WNGRF - Get Free Report) shares reached a new 52-week high on Tuesday . The company traded as high as $173.12 and last traded at $173.12, with a volume of 623 shares changing hands. The stock had previously closed at $166.75.

Wall Street Analysts Forecast Growth

Separately, Scotiabank downgraded shares of George Weston from a "strong-buy" rating to a "hold" rating in a report on Thursday, February 27th.

Read Our Latest Stock Analysis on George Weston

George Weston Stock Performance

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 fifty day moving average of $159.65 and a two-hundred day moving average of $160.10. The firm has a market capitalization of $22.44 billion, a price-to-earnings ratio of 52.62 and a beta of 0.54.

About George Weston

(Get Free Report)

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.

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