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George Weston (OTCMKTS:WNGRF) Share Price Passes Above 200 Day Moving Average - Here's Why

George Weston logo with Consumer Staples background

George Weston Limited (OTCMKTS:WNGRF - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $156.39 and traded as high as $160.29. George Weston shares last traded at $160.29, with a volume of 207 shares.

Wall Street Analysts Forecast Growth

Separately, Cibc World Mkts raised shares of George Weston to a "strong-buy" rating in a research note on Wednesday, November 20th.

Get Our Latest Research Report on WNGRF

George Weston Price Performance

The company has a 50-day moving average price of $161.41 and a 200-day moving average price of $156.52. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.72 and a current ratio of 1.32. The firm has a market capitalization of $20.74 billion, a P/E ratio of 48.29 and a beta of 0.57.

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.

Further Reading

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