Weir Group (OTCMKTS:WEGRY) Shares Gap Up – Should You Buy?

Weir Group (OTCMKTS:WEGRY)’s share price gapped up prior to trading on Wednesday . The stock had previously closed at $17.19, but opened at $18.45. Weir Group shares last traded at $18.26, with a volume of 4,646 shares trading hands.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on WEGRY. 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 given a Hold rating to the stock. Based on data from MarketBeat, Weir Group currently has an average rating of “Moderate Buy”.

Weir Group Stock Up 6.6%

The company has a current ratio of 2.05, a quick ratio of 1.30 and a debt-to-equity ratio of 0.87. The stock’s fifty day moving average is $16.57 and its two-hundred day moving average is $19.36.

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.