George Weston (OTCMKTS:WNGRF) Shares Pass Below 50 Day Moving Average – Time to Sell?

George Weston Limited (OTCMKTS:WNGRF)’s share price crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty 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.

Analyst Ratings Changes

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

George Weston Price Performance

The company has a market cap of $20.33 billion, a PE ratio of 47.47 and a beta of 0.57. The company has a quick ratio of 0.72, a current ratio of 1.32 and a debt-to-equity ratio of 1.08. The firm has a 50 day simple moving average of $160.39 and a 200-day simple moving average of $158.39.

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.