George Weston (OTCMKTS:WNGRF) Issues Quarterly Earnings Results

George Weston (OTCMKTS:WNGRF) released its earnings results on Wednesday. The company reported $2.25 earnings per share (EPS) for the quarter, Zacks reports. George Weston had a net margin of 1.06% and a return on equity of 11.75%.

George Weston Stock Performance

WNGRF stock remained flat at $152.58 during midday trading on Wednesday. The company’s stock had a trading volume of 4,124 shares, compared to its average volume of 529. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.77 and a current ratio of 1.32. The company has a market cap of $19.81 billion, a P/E ratio of 46.38 and a beta of 0.57. The stock’s 50 day moving average is $154.97 and its two-hundred day moving average is $159.35. George Weston has a 52-week low of $127.52 and a 52-week high of $167.55.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on WNGRF. Cibc World Mkts raised George Weston to a “strong-buy” rating in a research report on Wednesday, November 20th. Scotiabank raised shares of George Weston from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 8th.

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.