The Weir Group PLC (OTCMKTS:WEIGF – Get Free Report)’s share price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $39.13 and traded as low as $38.49. The Weir Group shares last traded at $38.49, with a volume of 170 shares changing hands.
The Weir Group Trading Down 13.5%
The company’s 50-day moving average is $43.40 and its 200-day moving average is $39.13.
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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