The Weir Group PLC (OTCMKTS:WEGRY) Short Interest Up 33.3% in February

The Weir Group PLC (OTCMKTS:WEGRY) saw a significant increase in short interest in the month of February. As of February 28th, there was short interest totalling 400 shares, an increase of 33.3% from the February 13th total of 300 shares. Based on an average daily volume of 24,100 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Wall Street Analysts Forecast Growth

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

The Weir Group Stock Performance

Shares of The Weir Group stock opened at $15.29 on Friday. The Weir Group has a one year low of $11.80 and a one year high of $16.21. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.39 and a current ratio of 2.07. The stock’s 50-day moving average is $14.62 and its 200 day moving average is $14.14.

The Weir Group Company Profile

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.