Free Trial

George Weston (OTCMKTS:WNGRF) Share Price Crosses Above 50 Day Moving Average - Here's Why

George Weston logo with Consumer Staples background

Shares of George Weston Limited (OTCMKTS:WNGRF - Get Free Report) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $167.72 and traded as high as $187.86. George Weston shares last traded at $187.86, with a volume of 466 shares traded.

Wall Street Analyst Weigh In

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

Get Our Latest Stock Report on WNGRF

George Weston Stock Performance

The firm's 50-day moving average price is $167.72 and its two-hundred day moving average price is $161.58. The firm has a market capitalization of $24.28 billion, a PE ratio of 57.10 and a beta of 0.52. The company has a quick ratio of 0.77, a current ratio of 1.32 and a debt-to-equity ratio of 1.08.

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.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in George Weston Right Now?

Before you consider George Weston, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and George Weston wasn't on the list.

While George Weston currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks That Could Be Bigger Than Tesla, Nvidia, and Google Cover

Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Stocks Offering Rare Generational Buying Opportunities
Make Your Money Work Harder: The Power of Dividend Investing
7 Cybersecurity Stocks Outperforming the Market Right Now

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines