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

Weir Group (OTCMKTS:WEGRY) gapped down prior to trading on Tuesday . The stock had previously closed at $22.23, but opened at $21.38. Weir Group shares last traded at $21.37, with a volume of 4,391 shares traded.

Analysts Set New Price Targets

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

Weir Group Trading Down 0.0%

The firm’s 50-day moving average price is $21.15 and its two-hundred day moving average price is $20.47. The company has a quick ratio of 1.30, a current ratio of 2.05 and a debt-to-equity ratio of 0.87.

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.