Weir Group (OTCMKTS:WEGRY) Shares Gap Down – What’s Next?

Weir Group (OTCMKTS:WEGRY) shares gapped down prior to trading on Wednesday . The stock had previously closed at $20.11, but opened at $19.16. Weir Group shares last traded at $19.21, with a volume of 691 shares traded.

Wall Street Analysts Forecast Growth

A number of analysts have commented on WEGRY shares. Citigroup restated a “buy” rating on shares of Weir Group in a research report on Wednesday, February 4th. Zacks Research cut Weir Group from a “hold” rating to a “strong sell” rating in a research report on Tuesday, March 10th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Weir Group in a research report on Monday, January 12th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Weir Group presently has a consensus rating of “Moderate Buy”.

Weir Group Price Performance

The business has a 50 day moving average of $20.66 and a 200 day moving average of $20.49. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.30 and a current ratio of 2.05.

Weir Group Company Profile

Weir Group PLC is a Glasgow‐based engineering firm specializing in the design, manufacture and aftermarket servicing of equipment for the minerals, oil & gas and power industries. Founded in 1871, the company has built a reputation for delivering robust solutions that improve safety, efficiency and sustainability across challenging industrial environments. Its core focus lies in high‐performance equipment that supports critical processes such as ore extraction, fluid handling and pressure management.

The company’s Minerals division supplies a comprehensive range of products including slurry pumps, hydrocyclones, crushers and grinding mills, which are widely used in mining and quarrying operations.