Weir Group (OTCMKTS:WEGRY) Stock Price Passes Below 200 Day Moving Average – What’s Next?

Shares of Weir Group (OTCMKTS:WEGRY) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $19.45 and traded as low as $16.46. Weir Group shares last traded at $16.70, with a volume of 40,328 shares trading hands.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. Zacks Research raised Weir Group from a “strong sell” rating to a “hold” rating in a research note on Monday, May 4th. Kepler Capital Markets upgraded shares of Weir Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, June 17th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

Weir Group Stock Performance

The company has a fifty day simple moving average of $16.50 and a 200 day simple moving average of $19.45. The company has a current ratio of 2.05, a quick ratio of 1.30 and a debt-to-equity ratio of 0.87.

About Weir Group

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.