George Weston Limited (OTCMKTS:WNGRF - Get Free Report) was the recipient of a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 192,400 shares, a growth of 17.9% from the March 15th total of 163,200 shares. Based on an average daily volume of 800 shares, the days-to-cover ratio is currently 240.5 days. Approximately 0.3% of the shares of the company are short sold.
Analyst Ratings Changes
Separately, Scotiabank cut shares of George Weston from a "strong-buy" rating to a "hold" rating in a research note on Thursday, February 27th.
Check Out Our Latest Analysis on WNGRF
George Weston Stock Performance
Shares of OTCMKTS WNGRF traded up $9.98 during mid-day trading on Wednesday, hitting $191.04. The company had a trading volume of 212 shares, compared to its average volume of 2,107. The company has a current ratio of 1.32, a quick ratio of 0.77 and a debt-to-equity ratio of 1.08. George Weston has a 1 year low of $131.50 and a 1 year high of $191.04. The company has a market capitalization of $24.76 billion, a price-to-earnings ratio of 58.07 and a beta of 0.52. The stock's 50-day moving average price is $165.20 and its 200-day moving average price is $160.85.
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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