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George Weston (OTCMKTS:WNGRF) Stock Price Down 1.6% - Here's What Happened

George Weston logo with Consumer Staples background

Shares of George Weston Ltd. (OTCMKTS:WNGRF - Get Free Report) fell 1.6% on Wednesday . The company traded as low as $192.87 and last traded at $192.87. 758 shares changed hands during trading, an increase of 158% from the average session volume of 294 shares. The stock had previously closed at $196.06.

Analyst Ratings Changes

A number of brokerages have recently weighed in on WNGRF. Scotiabank reiterated a "sector perform" rating on shares of George Weston in a report on Wednesday, May 7th. BMO Capital Markets reiterated a "market perform" rating on shares of George Weston in a report on Wednesday, May 7th.

Check Out Our Latest Analysis on WNGRF

George Weston Stock Down 1.6%

The company has a current ratio of 1.37, a quick ratio of 0.77 and a debt-to-equity ratio of 1.16. The firm has a market cap of $24.81 billion, a price-to-earnings ratio of 30.76 and a beta of 0.55. The firm has a 50-day moving average of $196.09 and a two-hundred day moving average of $176.39.

George Weston (OTCMKTS:WNGRF - Get Free Report) last posted its quarterly earnings results on Tuesday, May 6th. The company reported $1.80 EPS for the quarter, missing the consensus estimate of $1.90 by ($0.10). The firm had revenue of $9.93 billion during the quarter, compared to analyst estimates of $14.74 billion. George Weston had a net margin of 1.92% and a return on equity of 12.68%.

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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