Weir Group (OTCMKTS:WEGRY) Rating Lowered to Strong Sell at Zacks Research

Weir Group (OTCMKTS:WEGRY) was downgraded by research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research note issued on Tuesday,Zacks.com reports.

Other equities research analysts have also issued research reports about the stock. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Weir Group in a report on Monday, January 12th. Citigroup reiterated a “buy” rating on shares of Weir Group in a research report on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

Weir Group Stock Up 0.2%

WEGRY stock opened at $20.60 on Tuesday. The company has a quick ratio of 1.32, a current ratio of 2.09 and a debt-to-equity ratio of 0.86. Weir Group has a one year low of $12.45 and a one year high of $24.85. The firm has a 50-day moving average of $22.31 and a two-hundred day moving average of $19.99.

About Weir Group

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.