The Weir Group PLC (OTCMKTS:WEGRY - Get Free Report) shares hit a new 52-week high on Monday . The company traded as high as $16.45 and last traded at $15.44, with a volume of 1609 shares trading hands. The stock had previously closed at $16.17.
Wall Street Analyst Weigh In
A number of analysts have recently commented on WEGRY shares. UBS Group upgraded The Weir Group from a "hold" rating to a "strong-buy" rating in a report on Thursday. BNP Paribas lowered The Weir Group from a "strong-buy" rating to a "hold" rating in a research note on Thursday, February 6th. One research analyst has rated the stock with a hold rating and three have given a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Strong Buy".
View Our Latest Analysis on WEGRY
The Weir Group Stock Down 1.1 %
The firm's 50-day moving average price is $14.96 and its 200-day moving average price is $14.42. The company has a quick ratio of 1.39, a current ratio of 2.07 and a debt-to-equity ratio of 0.62.
The Weir Group Increases Dividend
The business also recently declared a dividend, which will be paid on Wednesday, June 4th. Investors of record on Tuesday, April 22nd will be issued a $0.1394 dividend. This is an increase from The Weir Group's previous dividend of $0.10. The ex-dividend date of this dividend is Tuesday, April 22nd.
About The Weir Group
(
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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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