George Weston Limited (WN) Insider Buys C$47,430.00 in Stock

George Weston Limited (TSE:WN) insider Rashid Wasti bought 500 shares of the firm’s stock in a transaction that occurred on Wednesday, November 28th. The stock was acquired at an average price of C$94.86 per share, for a total transaction of C$47,430.00.

Rashid Wasti also recently made the following trade(s):

  • On Friday, November 30th, Rashid Wasti bought 500 shares of George Weston stock. The stock was acquired at an average price of C$95.69 per share, for a total transaction of C$47,845.00.
  • On Thursday, November 22nd, Rashid Wasti bought 600 shares of George Weston stock. The stock was acquired at an average price of C$94.03 per share, for a total transaction of C$56,418.00.
  • On Tuesday, September 11th, Rashid Wasti acquired 150 shares of George Weston stock. The stock was purchased at an average price of C$98.64 per share, for a total transaction of C$14,796.00.
  • On Friday, September 7th, Rashid Wasti acquired 100 shares of George Weston stock. The stock was purchased at an average price of C$98.59 per share, for a total transaction of C$9,859.00.

Shares of WN stock traded down C$1.18 during mid-day trading on Friday, reaching C$96.07. The stock had a trading volume of 369,600 shares, compared to its average volume of 179,864. George Weston Limited has a 52-week low of C$89.02 and a 52-week high of C$112.08. The company has a debt-to-equity ratio of 119.84, a quick ratio of 0.66 and a current ratio of 1.15.

A number of equities analysts have issued reports on the stock. BMO Capital Markets restated an “outperform” rating and issued a C$112.00 price objective on shares of George Weston in a research report on Wednesday, November 21st. CIBC decreased their price objective on shares of George Weston from C$114.00 to C$107.00 in a research report on Wednesday, November 21st. Barclays decreased their price objective on shares of George Weston from C$113.00 to C$96.00 in a research report on Wednesday, November 21st. Finally, Royal Bank of Canada boosted their price objective on shares of George Weston from C$123.00 to C$125.00 and gave the company an “outperform” rating in a research report on Friday, November 16th.

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About George Weston

George Weston Limited engages in the food processing and distribution business in Canada and internationally. The company's Weston Foods segment produces fresh, frozen, and specialty bakery products, such as breads, rolls, bagels, flatbreads, rye bread, tortillas, doughnuts, cakes, pies, cookies, crackers, and other baked goods through national and regional supermarkets, wholesale and club stores, dollar stores, convenience stores, food service distributors, and outlets.

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