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George Weston (OTCMKTS:WNGRF) Shares Pass Above 50 Day Moving Average - Time to Sell?

George Weston logo with Consumer Staples background
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George Weston Limited (OTCMKTS:WNGRF - Get Free Report) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $156.09 and traded as high as $162.25. George Weston shares last traded at $162.25, with a volume of 2,024 shares.

Analysts Set New Price Targets

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

Get Our Latest Report on George Weston

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 fifty day moving average of $156.36 and a two-hundred day moving average of $159.70. The stock has a market cap of $21.45 billion, a price-to-earnings ratio of 50.30 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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