The Weir Group PLC (OTCMKTS:WEGRY - Get Free Report) was the recipient of a large drop in short interest during the month of May. As of May 15th, there was short interest totalling 1,400 shares, a drop of 46.2% from the April 30th total of 2,600 shares. Currently, 0.0% of the company's stock are short sold. Based on an average daily trading volume, of 2,600 shares, the short-interest ratio is currently 0.5 days.
The Weir Group Trading Up 1.0%
Shares of OTCMKTS:WEGRY traded up $0.16 during trading on Friday, reaching $16.37. The stock had a trading volume of 1,552 shares, compared to its average volume of 7,196. The business has a fifty day moving average price of $15.14 and a 200-day moving average price of $14.67. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.39 and a current ratio of 2.07. The Weir Group has a fifty-two week low of $11.80 and a fifty-two week high of $16.77.
Wall Street Analyst Weigh In
Several brokerages have issued reports on WEGRY. BNP Paribas downgraded shares of The Weir Group from a "strong-buy" rating to a "hold" rating in a research report on Thursday, February 6th. UBS Group upgraded shares of The Weir Group from a "hold" rating to a "strong-buy" rating in a research report on Thursday, May 8th.
Check Out Our Latest Stock Report on WEGRY
The Weir Group Company Profile
(
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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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