The Weir Group PLC (OTCMKTS:WEGRY - Get Free Report)'s stock price 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
A number of equities analysts have weighed in on WEGRY shares. UBS Group upgraded shares of 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 equities research analyst has rated the stock with a hold rating and three have issued a strong buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Strong Buy".
Check Out Our Latest Analysis on WEGRY
The Weir Group Price Performance
The business's 50-day moving average price is $15.25 and its 200 day moving average price is $14.76. 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 Company Profile
(
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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.
Further Reading
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