George Weston (OTCMKTS:WNGRF) Stock Crosses Below 50-Day Moving Average – Should You Sell?

Shares of George Weston Limited (OTCMKTS:WNGRFGet Free Report) passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $160.39 and traded as low as $156.16. George Weston shares last traded at $156.16, with a volume of 116 shares.

Wall Street Analyst Weigh In

Separately, Cibc World Mkts raised George Weston to a “strong-buy” rating in a report on Wednesday, November 20th.

Read Our Latest Research Report on WNGRF

George Weston Price Performance

The firm has a market cap of $20.33 billion, a price-to-earnings ratio of 47.47 and a beta of 0.57. The stock’s fifty day moving average price is $160.33 and its 200-day moving average price is $158.37. The company has a current ratio of 1.32, a quick ratio of 0.72 and a debt-to-equity ratio of 1.08.

George Weston Company Profile

(Get Free Report)

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.

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