Shares of The Weir Group PLC (OTCMKTS:WEIGF – Get Free Report) dropped 2.8% during trading on Friday . The stock traded as low as $30.5480 and last traded at $30.5480. 200 shares traded hands during mid-day trading, a decline of 96% from the average session volume of 4,844 shares. The stock had previously closed at $31.43.
The Weir Group Price Performance
The firm’s 50-day simple moving average is $34.40 and its 200-day simple moving average is $38.37.
About The Weir Group
The Weir Group plc is a UK‐based engineering company founded in 1871 and headquartered in Glasgow, Scotland. With a heritage rooted in industrial innovation, the company has evolved into a diversified manufacturer and service provider for energy, mining and infrastructure markets worldwide. Originally established to supply pumps and valves for shipbuilding and marine applications, Weir has expanded its product portfolio over more than a century to become a global leader in heavy equipment and aftermarket support.
Weir’s core business activities are organized into two principal segments: Minerals and Pumps & Services.
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