Weir Group (OTCMKTS:WEGRY) Stock Passes Above 50 Day Moving Average – What’s Next?

Weir Group (OTCMKTS:WEGRY) passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $19.27 and traded as high as $21.05. Weir Group shares last traded at $20.76, with a volume of 19,654 shares trading hands.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on WEGRY. The Goldman Sachs Group lowered shares of Weir Group from a “buy” rating to a “hold” rating in a research note on Thursday, November 6th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Weir Group in a research report on Monday. Two investment analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, Weir Group presently has an average rating of “Moderate Buy”.

Weir Group Trading Up 0.1%

The stock’s fifty day moving average is $19.27 and its two-hundred day moving average is $18.39. The company has a quick ratio of 1.32, a current ratio of 2.09 and a debt-to-equity ratio of 0.86.

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.