George Weston (OTCMKTS:WNGRF) Reaches New 12-Month High – Time to Buy?

George Weston Limited (OTCMKTS:WNGRF)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $181.06 and last traded at $181.06, with a volume of 215 shares. The stock had previously closed at $167.58.

Analyst Ratings Changes

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

George Weston Price Performance

The business has a 50-day moving average price of $162.20 and a 200 day moving average price of $160.17. The stock has a market cap of $23.47 billion, a PE ratio of 55.03 and a beta of 0.52. The company has a current ratio of 1.32, a quick ratio of 0.77 and a debt-to-equity ratio of 1.08.

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.