The Weir Group PLC (LON:WEIR - Get Free Report) insider Graham Vanhegan sold 1,869 shares of The Weir Group stock in a transaction dated Tuesday, April 9th. The stock was sold at an average price of GBX 2,036 ($25.77), for a total value of £38,052.84 ($48,162.06).
The Weir Group Stock Performance
LON WEIR traded up GBX 16 ($0.20) during trading hours on Wednesday, reaching GBX 2,070 ($26.20). The company's stock had a trading volume of 461,838 shares, compared to its average volume of 793,891. The company has a current ratio of 2.04, a quick ratio of 1.16 and a debt-to-equity ratio of 82.21. The business has a 50-day simple moving average of GBX 1,913.92 and a 200 day simple moving average of GBX 1,858.58. The Weir Group PLC has a 52 week low of GBX 1,652.50 ($20.92) and a 52 week high of GBX 2,094 ($26.50). The stock has a market cap of £5.37 billion, a PE ratio of 2,355.25, a PEG ratio of 2.59 and a beta of 1.42.
The Weir Group Increases Dividend
The firm also recently announced a dividend, which will be paid on Friday, May 31st. Shareholders of record on Thursday, April 18th will be issued a GBX 20.80 ($0.26) dividend. The ex-dividend date is Thursday, April 18th. This represents a yield of 1.11%. 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%.
Wall Street Analysts Forecast Growth
Separately, Shore Capital reiterated a "buy" rating on shares of The Weir Group in a research note on Thursday, February 29th.
Check Out Our Latest Analysis on The Weir Group
About The Weir Group
(
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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.
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