George Weston (OTCMKTS:WNGRF) Stock Price Crosses Above 50 Day Moving Average – Time to Sell?

George Weston Limited (OTCMKTS:WNGRF) shares passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $155.86 and traded as high as $157.60. George Weston shares last traded at $157.58, with a volume of 287 shares trading hands.

Analyst Ratings Changes

A number of analysts recently commented on WNGRF shares. Scotiabank raised shares of George Weston from a “hold” rating to a “strong-buy” rating in a report on Wednesday, January 8th. Cibc World Mkts raised George Weston to a “strong-buy” rating in a report on Wednesday, November 20th.

George Weston Stock Up 0.7 %

The firm’s fifty day simple moving average is $155.86 and its 200-day simple moving average is $159.28. The company has a market cap of $20.45 billion, a PE ratio of 18.85 and a beta of 0.57. The company has a quick ratio of 0.77, a current ratio of 1.32 and a debt-to-equity ratio of 1.08.

George Weston Company Profile

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.