George Weston (OTCMKTS:WNGRF) Posts Quarterly Earnings Results

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

George Weston Stock Performance

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

Analysts Set New Price Targets

Several equities analysts have recently issued reports on WNGRF shares. Cibc World Mkts raised shares of George Weston to a “strong-buy” rating in a report on Wednesday, November 20th. Scotiabank raised 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.