George Weston Limited (OTCMKTS:WNGRF - Get Free Report) saw a significant decline in short interest in November. As of November 15th, there was short interest totalling 277,000 shares, a decline of 15.5% from the October 31st total of 328,000 shares. Based on an average daily volume of 1,500 shares, the days-to-cover ratio is currently 184.7 days.
George Weston Price Performance
OTCMKTS:WNGRF remained flat at $157.83 during trading hours on Friday. The company's stock had a trading volume of 1 shares, compared to its average volume of 4,601. The company's fifty day moving average is $161.89 and its 200 day moving average is $154.34. George Weston has a 12-month low of $117.44 and a 12-month high of $167.55. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.26 and a quick ratio of 0.72. The firm has a market capitalization of $20.60 billion, a P/E ratio of 47.97 and a beta of 0.58.
Wall Street Analysts Forecast Growth
Separately, Cibc World Mkts raised George Weston to a "strong-buy" rating in a report on Wednesday, November 20th.
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About George Weston
(
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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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