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

Shares of George Weston Limited (OTCMKTS:WNGRF) passed 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 Upgrades and Downgrades

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

George Weston Price Performance

The company has a fifty day moving average of $160.33 and a 200-day moving average of $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. The stock has a market cap of $20.33 billion, a PE ratio of 47.47 and a beta of 0.57.

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.