Weir Group (OTCMKTS:WEGRY - Get Free Report) saw unusually-strong trading volume on Tuesday . Approximately 63,825 shares changed hands during mid-day trading, an increase of 828% from the previous session's volume of 6,877 shares.The stock last traded at $17.88 and had previously closed at $18.10.
Wall Street Analyst Weigh In
Several equities analysts recently commented on WEGRY shares. UBS Group upgraded Weir Group from a "hold" rating to a "strong-buy" rating in a research note on Thursday, May 8th. Citigroup upgraded Weir Group from a "hold" rating to a "strong-buy" rating in a research report on Monday, July 7th. Kepler Capital Markets upgraded Weir Group from a "hold" rating to a "strong-buy" rating in a research report on Friday, May 30th. Finally, Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of Weir Group in a research report on Wednesday, June 11th. One investment analyst has rated the stock with a hold rating, one has given a buy rating and four have issued a strong buy rating to the company's stock. According to data from MarketBeat, Weir Group presently has a consensus rating of "Strong Buy".
Get Our Latest Report on WEGRY
Weir Group Stock Performance
The stock has a 50 day moving average price of $16.84 and a 200-day moving average price of $15.48.
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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