George Weston (OTCMKTS:WNGRF) Stock Price Passes Above 50 Day Moving Average of $111.38

George Weston Limited (OTCMKTS:WNGRF)’s share price passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $111.38 and traded as high as $122.85. George Weston shares last traded at $122.64, with a volume of 324 shares traded.

Analyst Ratings Changes

Several analysts recently weighed in on WNGRF shares. Desjardins cut their price target on George Weston from C$192.00 to C$177.00 in a research note on Wednesday, August 2nd. Scotiabank cut their target price on George Weston from C$183.00 to C$181.00 in a research note on Wednesday, August 2nd. Finally, BMO Capital Markets cut their target price on George Weston from C$180.00 to C$172.00 in a research note on Wednesday, August 2nd.

George Weston Trading Up 2.7 %

The firm has a 50 day simple moving average of $111.38 and a 200 day simple moving average of $115.57. The company has a current ratio of 1.39, a quick ratio of 0.86 and a debt-to-equity ratio of 1.01. The firm has a market capitalization of $16.65 billion, a PE ratio of 13.67 and a beta of 0.52.

George Weston Company Profile

George Weston Limited provides food and drug retailing, and financial services in Canada and internationally. 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, health and beauty, apparel, general merchandise, and financial services.