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The Weir Group (OTCMKTS:WEGRY) Hits New 12-Month High - What's Next?

The Weir Group logo with Construction background

Shares of The Weir Group PLC (OTCMKTS:WEGRY - Get Free Report) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $16.91 and last traded at $16.82, with a volume of 1372 shares changing hands. The stock had previously closed at $16.71.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. Kepler Capital Markets upgraded shares of The Weir Group from a "hold" rating to a "strong-buy" rating in a report on Friday, May 30th. UBS Group raised shares of The Weir Group from a "hold" rating to a "strong-buy" rating in a research report on Thursday, May 8th. One equities research analyst has rated the stock with a hold rating and three have issued a strong buy rating to the stock. According to MarketBeat.com, The Weir Group currently has a consensus rating of "Strong Buy".

View Our Latest Report on WEGRY

The Weir Group Stock Up 0.9%

The company has a current ratio of 2.07, a quick ratio of 1.39 and a debt-to-equity ratio of 0.62. The company's 50-day moving average is $15.51 and its two-hundred day moving average is $14.85.

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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