The Weir Group (OTCMKTS:WEGRY) Stock Price Crosses Above Fifty Day Moving Average – Here’s Why

The Weir Group PLC (OTCMKTS:WEGRYGet Free Report) shares passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $14.23 and traded as high as $14.68. The Weir Group shares last traded at $14.64, with a volume of 572 shares trading hands.

Analysts Set New Price Targets

Separately, BNP Paribas downgraded The Weir Group from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 6th.

Get Our Latest Stock Report on WEGRY

The Weir Group Price Performance

The company’s 50-day moving average is $14.23 and its two-hundred day moving average is $13.80.

The Weir Group Company Profile

(Get Free Report)

The Weir Group PLC produces and sells highly engineered original equipment worldwide. It operates in two segments, Minerals and ESCO. The Minerals segment offers engineering, manufacturing, and service processing technology for the use in abrasive high-wear mining applications; and differentiated technology for the use in infrastructure and general industrial markets.

Featured Articles

Receive News & Ratings for The Weir Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Weir Group and related companies with MarketBeat.com's FREE daily email newsletter.