George Weston (OTCMKTS:WNGRF) Hits New 52-Week High – Here’s What Happened

George Weston Limited (OTCMKTS:WNGRF) shares 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 downgraded George Weston from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 27th.

George Weston Stock Up 0.8 %

The firm has a market cap of $21.61 billion, a price-to-earnings ratio of 50.68 and a beta of 0.54. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.32 and a quick ratio of 0.77. The firm’s fifty day moving average is $156.68 and its two-hundred day moving average is $159.73.

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.