Weir Group (OTCMKTS:WEGRY) Shares Pass Above 50-Day Moving Average – Here’s What Happened

Shares of Weir Group (OTCMKTS:WEGRYGet Free Report) crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $19.21 and traded as high as $19.6799. Weir Group shares last traded at $19.5250, with a volume of 5,224 shares changing hands.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group lowered Weir Group from a “buy” rating to a “hold” rating in a report on Thursday, November 6th. Two research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.

Check Out Our Latest Report on Weir Group

Weir Group Stock Performance

The firm’s 50-day simple moving average is $19.21 and its two-hundred day simple moving average is $18.06. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.32 and a current ratio of 2.09.

Weir Group Announces Dividend

The business also recently declared a dividend, which was paid on Friday, November 7th. Stockholders of record on Monday, October 6th were paid a $0.1096 dividend. The ex-dividend date of this dividend was Friday, October 3rd. This represents a dividend yield of 128.0%.

Weir Group Company Profile

(Get Free Report)

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.

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