The Weir Group PLC (OTCMKTS:WEGRY - Get Free Report) shares hit a new 52-week high during trading on Monday . The stock traded as high as $16.45 and last traded at $15.44, with a volume of 1609 shares traded. The stock had previously closed at $16.17.
Analyst Ratings Changes
Separately, BNP Paribas downgraded shares of The Weir Group from a "strong-buy" rating to a "hold" rating in a research report on Thursday, February 6th.
Check Out Our Latest Report on The Weir Group
The Weir Group Stock Performance
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 company has a 50 day simple moving average of $14.95 and a two-hundred day simple moving average of $14.39.
The Weir Group Increases Dividend
The business also recently disclosed a dividend, which will be paid on Wednesday, June 4th. Shareholders of record on Tuesday, April 22nd will be paid a $0.1394 dividend. 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.
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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