Weir Group (OTCMKTS:WEGRY - Get Free Report)'s stock price hit a new 52-week high during trading on Saturday . The company traded as high as $17.81 and last traded at $17.81, with a volume of 120 shares. The stock had previously closed at $17.34.
Wall Street Analyst Weigh In
Several equities analysts recently issued reports on the stock. Citigroup upgraded shares of Weir Group from a "hold" rating to a "strong-buy" rating in a report on Monday, July 7th. Kepler Capital Markets upgraded shares of Weir Group from a "hold" rating to a "strong-buy" rating in a report on Friday, May 30th. UBS Group upgraded shares of Weir Group from a "hold" rating to a "strong-buy" rating in a report on Thursday, May 8th. Finally, Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of Weir Group in a report on Wednesday, June 11th. One investment analyst has rated the stock with a hold rating, one has assigned a buy rating and four have given a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Strong Buy".
Read Our Latest Report on Weir Group
Weir Group Stock Down 1.2%
The company's 50 day simple moving average is $16.71 and its 200-day simple moving average is $15.41.
About 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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