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

Weir Group (OTCMKTS:WEGRY) shares gapped up before the market opened on Wednesday . The stock had previously closed at $18.68, but opened at $19.4715. Weir Group shares last traded at $19.5150, with a volume of 3,673 shares.

Analyst Ratings Changes

WEGRY has been the subject of several analyst reports. Jefferies Financial Group restated a “buy” rating on shares of Weir Group in a report on Wednesday, August 19th. Citigroup reiterated a “buy” rating on shares of Weir Group in a research note on Thursday, July 30th. Finally, Kepler Capital Markets raised Weir Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, June 17th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Weir Group Stock Down 1.2%

The company has a quick ratio of 1.30, a current ratio of 2.05 and a debt-to-equity ratio of 0.87. The business’s fifty day simple moving average is $17.98 and its two-hundred day simple moving average is $18.56.

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.