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The Weir Group (LON:WEIR) Sets New 12-Month High - Still a Buy?

The Weir Group logo with Industrials background

The Weir Group PLC (LON:WEIR - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 2,628 ($35.29) and last traded at GBX 2,624 ($35.24), with a volume of 1104352 shares. The stock had previously closed at GBX 2,594 ($34.83).

Analyst Ratings Changes

Separately, Shore Capital reissued a "buy" rating on shares of The Weir Group in a report on Thursday, April 24th.

Read Our Latest Research Report on The Weir Group

The Weir Group Trading Down 0.4%

The company has a quick ratio of 1.16, a current ratio of 2.07 and a debt-to-equity ratio of 80.30. The business's fifty day simple moving average is GBX 2,470.63 and its two-hundred day simple moving average is GBX 2,351.83. The company has a market cap of £6.86 billion, a price-to-earnings ratio of 31.30, a PEG ratio of 2.59 and a beta of 1.41.

About The Weir Group

(Get Free Report)

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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