The Weir Group PLC (OTCMKTS:WEGRY - Get Free Report) shares crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $15.25 and traded as high as $16.52. The Weir Group shares last traded at $16.52, with a volume of 2,454 shares traded.
Wall Street Analysts Forecast Growth
Several equities research analysts have weighed in on the company. UBS Group raised The Weir Group from a "hold" rating to a "strong-buy" rating in a research report on Thursday, May 8th. Kepler Capital Markets upgraded shares of The Weir Group from a "hold" rating to a "strong-buy" rating in a research report on Friday, May 30th. One investment analyst has rated the stock with a hold rating and three have assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Strong Buy".
Read Our Latest Stock Analysis 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 firm has a 50 day simple moving average of $15.30 and a two-hundred day simple moving average of $14.80.
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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