Weir Group (OTCMKTS:WEGRY) Stock Passes Below Two Hundred Day Moving Average – Here’s What Happened

Weir Group (OTCMKTS:WEGRY) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $19.14 and traded as low as $18.17. Weir Group shares last traded at $18.35, with a volume of 44,317 shares changing hands.

Analyst Ratings Changes

Several equities research analysts have issued reports on the company. Citigroup reissued a “buy” rating on shares of Weir Group in a research note on Thursday, July 30th. Zacks Research raised Weir Group from a “strong sell” rating to a “hold” rating in a research note on Monday, May 4th. Finally, Kepler Capital Markets upgraded Weir Group from a “hold” rating to a “strong-buy” rating in a report on Wednesday, June 17th. One investment 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 company. According to data from MarketBeat.com, Weir Group has an average rating of “Moderate Buy”.

Weir Group Price Performance

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 business has a fifty day moving average of $17.03 and a 200 day moving average of $19.13.

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.