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The Weir Group (LON:WEIR) Reaches New 1-Year High - Here's What Happened

The Weir Group logo with Industrials background

The Weir Group PLC (LON:WEIR - Get Free Report)'s stock price reached a new 52-week high during trading on Wednesday . The company traded as high as GBX 2,628 ($35.28) and last traded at GBX 2,624 ($35.22), with a volume of 1104352 shares traded. The stock had previously closed at GBX 2,594 ($34.82).

Wall Street Analyst Weigh In

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

Get Our Latest Stock Report on WEIR

The Weir Group Price Performance

The company has a market cap of £6.86 billion, a P/E ratio of 31.30, a PEG ratio of 2.59 and a beta of 1.41. The company has a fifty day simple moving average of GBX 2,475.95 and a 200-day simple moving average of GBX 2,355.14. The company has a debt-to-equity ratio of 80.30, a current ratio of 2.07 and a quick ratio of 1.16.

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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