The Weir Group PLC (OTCMKTS:WEGRY - Get Free Report) shares crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $14.82 and traded as high as $15.53. The Weir Group shares last traded at $15.53, with a volume of 1,542 shares changing hands.
Wall Street Analyst Weigh In
Separately, BNP Paribas downgraded shares of The Weir Group from a "strong-buy" rating to a "hold" rating in a report on Thursday, February 6th.
View Our Latest Stock Analysis on WEGRY
The Weir Group Stock Up 0.6 %
The stock's 50-day moving average price is $14.82 and its 200 day moving average price is $14.33. The company has a debt-to-equity ratio of 0.62, a current ratio of 2.07 and a quick ratio of 1.39.
The Weir Group Increases Dividend
The company also recently disclosed a dividend, which will be paid on Wednesday, June 4th. Investors of record on Tuesday, April 22nd will be given a dividend of $0.1394 per share. This is a boost from The Weir Group's previous dividend of $0.10. The ex-dividend date 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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