Free Trial

The Weir Group (OTCMKTS:WEGRY) Stock Passes Above 50-Day Moving Average - Should You Sell?

The Weir Group logo with Construction background

The Weir Group PLC (OTCMKTS:WEGRY - Get Free Report)'s share price crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $14.95 and traded as high as $15.99. The Weir Group shares last traded at $15.16, with a volume of 657 shares.

Analyst Ratings Changes

Separately, BNP Paribas downgraded shares of The Weir Group from a "strong-buy" rating to a "hold" rating in a research note on Thursday, February 6th.

Check Out Our Latest Stock Report on The Weir Group

The Weir Group Trading Down 1.8 %

The stock has a 50-day moving average of $14.95 and a 200 day moving average of $14.39. 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 Weir Group Increases Dividend

The business also recently declared a dividend, which will be paid on Wednesday, June 4th. Stockholders of record on Tuesday, April 22nd will be issued a dividend of $0.1394 per share. The ex-dividend date is Tuesday, April 22nd. This is a positive change from The Weir Group's previous dividend of $0.10.

The Weir Group Company Profile

(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.

Featured Articles

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in The Weir Group Right Now?

Before you consider The Weir Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and The Weir Group wasn't on the list.

While The Weir Group currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

(Almost)  Everything You Need To Know About The EV Market Cover

Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

5 Stocks You’ve Never Heard Of That I’m Buying Nonstop in 2025
3 Sectors With Massive Momentum You Can’t Afford to Miss
Palantir’s Big Moves: Profit-Taking, Price Targets & AI Potential

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines