The Weir Group (LON:WEIR) Hits New 52-Week High at $2,036.00

Shares of The Weir Group PLC (LON:WEIR - Get Free Report) reached a new 52-week high during trading on Thursday . The stock traded as high as GBX 2,036 ($25.73) and last traded at GBX 2,024 ($25.58), with a volume of 8004 shares. The stock had previously closed at GBX 2,021 ($25.54).

Analyst Ratings Changes

Separately, Shore Capital restated a "buy" rating on shares of The Weir Group in a report on Thursday, February 29th.

The Weir Group Trading Up 0.0 %

The company has a fifty day moving average of GBX 1,877.75 and a two-hundred day moving average of GBX 1,852.43. The stock has a market capitalization of £5.25 billion, a price-to-earnings ratio of 2,297.73, a P/E/G ratio of 2.59 and a beta of 1.42. The company has a quick ratio of 1.16, a current ratio of 2.04 and a debt-to-equity ratio of 82.21.

The Weir Group Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, May 31st. Investors of record on Thursday, April 18th will be given a dividend of GBX 20.80 ($0.26) per share. This represents a yield of 1.11%. The ex-dividend date of this dividend is Thursday, April 18th. This is a boost from The Weir Group's previous dividend of $17.80. The Weir Group's dividend payout ratio (DPR) is currently 4,431.82%.

The Weir Group Company Profile

The Weir Group PLC produces and sells highly engineered original equipment worldwide. It operates in two segments, Minerals and ESCO. The Minerals segment offers engineering, manufacturing, and service processing technology for the use in abrasive high-wear mining applications; and differentiated technology for the use in infrastructure and general industrial markets.