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 mid-day trading on Wednesday . The company traded as high as $168.10 and last traded at $166.75, with a volume of 600 shares. The stock had previously closed at $165.49.

Wall Street Analysts Forecast Growth

Separately, Scotiabank lowered 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 company has a 50-day moving average of $157.37 and a two-hundred day moving average of $159.83. The company has a quick ratio of 0.77, a current ratio of 1.32 and a debt-to-equity ratio of 1.08. The company has a market capitalization of $21.61 billion, a P/E 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.