The Weir Group PLC (LON:WEIR - Get Free Report) shares hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 2,558 ($34.51) and last traded at GBX 2,552 ($34.43), with a volume of 637334 shares changing hands. The stock had previously closed at GBX 2,532 ($34.16).
Analyst Upgrades and Downgrades
Separately, Shore Capital restated a "buy" rating on shares of The Weir Group in a report on Thursday, April 24th.
View Our Latest Analysis on WEIR
The Weir Group Price Performance
The firm has a market capitalization of £6.69 billion, a price-to-earnings ratio of 30.53, a P/E/G ratio of 2.59 and a beta of 1.41. The company has a fifty day moving average price of GBX 2,448.23 and a two-hundred day moving average price of GBX 2,341.06. The company has a quick ratio of 1.16, a current ratio of 2.07 and a debt-to-equity ratio of 80.30.
Insider Buying and Selling at The Weir Group
In other news, insider Jon Stanton sold 29,222 shares of the stock in a transaction that occurred on Tuesday, April 15th. The stock was sold at an average price of GBX 2,183 ($29.45), for a total value of £637,916.26 ($860,537.25). Insiders own 0.31% of the company's stock.
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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