Weir Group (OTCMKTS:WEGRY) Cut to “Strong Sell” at Zacks Research

Zacks Research downgraded shares of Weir Group (OTCMKTS:WEGRY) from a hold rating to a strong sell rating in a research note released on Tuesday morning,Zacks.com reports.

WEGRY has been the topic of a number of other reports. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Weir Group in a research report on Monday, January 12th. Citigroup reaffirmed a “buy” rating on shares of Weir Group in a research note on Wednesday, February 4th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

Weir Group Price Performance

Shares of Weir Group stock opened at $20.06 on Tuesday. The company has a current ratio of 2.09, a quick ratio of 1.32 and a debt-to-equity ratio of 0.86. Weir Group has a 12 month low of $12.45 and a 12 month high of $24.85. The business’s 50-day moving average price is $22.33 and its 200-day moving average price is $19.99.

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.