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George Weston (OTCMKTS:WNGRF) Shares Cross Above 50 Day Moving Average - Here's What Happened

George Weston logo with Consumer Staples background

George Weston Limited (OTCMKTS:WNGRF - Get Free Report)'s stock price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $160.77 and traded as high as $170.07. George Weston shares last traded at $170.07, with a volume of 2,357 shares trading hands.

Analyst Upgrades and Downgrades

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

Get Our Latest Report on WNGRF

George Weston Price Performance

The company has a quick ratio of 0.77, a current ratio of 1.32 and a debt-to-equity ratio of 1.08. The stock has a market capitalization of $21.72 billion, a PE ratio of 50.94 and a beta of 0.52. The firm's fifty day moving average is $161.93 and its 200-day moving average is $160.16.

George Weston Company Profile

(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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