George Weston Limited (TSE:WN)’s stock price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $0.00 and traded as high as $101.51. George Weston shares last traded at $101.51, with a volume of 53,095 shares changing hands.
WN has been the topic of several recent analyst reports. CIBC cut their target price on WestJet Airlines from C$21.00 to C$20.00 in a research note on Wednesday, May 8th. BMO Capital Markets downgraded Capital Power from an “outperform” rating to a “market perform” rating in a research note on Wednesday, May 8th.
The company has a current ratio of 1.21, a quick ratio of 0.64 and a debt-to-equity ratio of 163.12. The firm has a market cap of $15.25 billion and a price-to-earnings ratio of -100.22. The firm’s fifty day simple moving average is C$101.11.
George Weston (TSE:WN) last released its quarterly earnings results on Tuesday, May 7th. The company reported C$1.30 earnings per share (EPS) for the quarter. The company had revenue of C$11.17 billion for the quarter. On average, sell-side analysts expect that George Weston Limited will post 7.2500002 earnings per share for the current fiscal year.
In related news, Senior Officer Rashid Wasti sold 4,348 shares of the stock in a transaction that occurred on Friday, June 14th. The stock was sold at an average price of C$101.55, for a total transaction of C$441,543.75. Following the sale, the insider now directly owns 10,200 shares in the company, valued at approximately C$1,035,820.20. Also, Senior Officer Gordon Andrew Mcdonald Currie sold 25,000 shares of the stock in a transaction that occurred on Thursday, May 16th. The stock was sold at an average price of C$102.22, for a total value of C$2,555,467.50. Following the sale, the insider now owns 20,278 shares in the company, valued at C$2,072,790.80.
George Weston Company Profile (TSE:WN)
George Weston Limited engages in the food processing and distribution business in Canada and internationally. The company operates through three segments: Weston Foods, Loblaw, and Choice Properties. The Weston Foods segment produces fresh, frozen, and specialty bakery products, such as breads, rolls, bagels, tortillas, cakes, donuts, pies, cookies, crackers, and other baked goods through national and regional supermarkets, wholesale and club stores, dollar stores, convenience store chains, food service distributors, and outlets.
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