George Weston (OTCMKTS:WNGRF) Sets New 1-Year High – Should You Buy?

Shares of George Weston Limited (OTCMKTS:WNGRF) reached a new 52-week high during trading on Wednesday . The stock traded as high as $168.10 and last traded at $166.75, with a volume of 600 shares changing hands. The stock had previously closed at $165.49.

Analyst Upgrades and Downgrades

Separately, Scotiabank cut shares of George Weston from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 27th.

George Weston Price Performance

The firm has a fifty day moving average of $157.37 and a two-hundred day moving average of $159.83. The company has a current ratio of 1.32, a quick ratio of 0.77 and a debt-to-equity ratio of 1.08. The company has a market capitalization of $21.61 billion, a PE ratio of 50.68 and a beta of 0.54.

About George Weston

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.