UBS Group upgraded shares of The Weir Group (OTCMKTS:WEGRY - Free Report) from a hold rating to a strong-buy rating in a report published on Thursday,Zacks.com reports.
Separately, BNP Paribas lowered shares of The Weir Group from a "strong-buy" rating to a "hold" rating in a research report on Thursday, February 6th. One investment analyst has rated the stock with a hold rating and three have issued a strong buy rating to the company's stock. According to MarketBeat, The Weir Group currently has a consensus rating of "Strong Buy".
Check Out Our Latest Stock Report on WEGRY
The Weir Group Stock Down 1.1%
The Weir Group stock traded down $0.18 during midday trading on Thursday, reaching $15.49. The stock had a trading volume of 1,042 shares, compared to its average volume of 8,163. 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 52-week low of $11.80 and a 52-week high of $16.69. The company has a fifty day moving average of $14.96 and a 200 day moving average of $14.43.
The Weir Group Increases Dividend
The business also recently announced a dividend, which will be paid on Wednesday, June 4th. Stockholders of record on Tuesday, April 22nd will be given a dividend of $0.1394 per share. The ex-dividend date of this dividend is Tuesday, April 22nd. This is a positive change from The Weir Group's previous dividend of $0.10.
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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