The Weir Group PLC (OTCMKTS:WEGRY - Get Free Report) 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 traded.
Wall Street Analyst Weigh In
Separately, BNP Paribas downgraded The Weir Group from a "strong-buy" rating to a "hold" rating in a research report on Thursday, February 6th.
View Our Latest Research Report on The Weir Group
The Weir Group Stock Up 1.8 %
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 firm's 50-day simple moving average is $14.91 and its two-hundred day simple moving average is $14.37.
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. The ex-dividend date 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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