The Weir Group PLC (LON:WEIR - Get Free Report)'s stock price reached a new 52-week high on Wednesday . The stock traded as high as GBX 2,558 ($34.75) and last traded at GBX 2,552 ($34.67), with a volume of 637334 shares trading hands. The stock had previously closed at GBX 2,532 ($34.40).
Analyst Ratings Changes
Separately, Shore Capital restated a "buy" rating on shares of The Weir Group in a report on Thursday, April 24th.
Read Our Latest Stock Report on The Weir Group
The Weir Group Stock Up 3.1%
The stock has a market capitalization of £6.76 billion, a price-to-earnings ratio of 30.83, a PEG ratio of 2.59 and a beta of 1.41. The firm's fifty day moving average is GBX 2,435.75 and its 200-day moving average is GBX 2,334.26. The company has a debt-to-equity ratio of 80.30, a current ratio of 2.07 and a quick ratio of 1.16.
Insider Transactions at The Weir Group
In related news, insider Jon Stanton sold 29,222 shares of the company's stock in a transaction on Tuesday, April 15th. The shares were sold at an average price of GBX 2,183 ($29.66), for a total value of £637,916.26 ($866,616.30). 0.31% of the stock is owned by corporate insiders.
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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