The Weir Group PLC (OTCMKTS:WEGRY – Get Free Report) hit a new 52-week high on Tuesday . The stock traded as high as $14.81 and last traded at $14.24, with a volume of 2724 shares changing hands. The stock had previously closed at $14.36.
Wall Street Analyst Weigh In
A number of brokerages have commented on WEGRY. Barclays upgraded shares of The Weir Group to a “strong-buy” rating in a research note on Wednesday, July 31st. Royal Bank of Canada upgraded shares of The Weir Group to a “moderate buy” rating in a report on Wednesday, July 31st.
View Our Latest Analysis on WEGRY
The Weir Group Stock Performance
The Weir Group Cuts Dividend
The business also recently declared a dividend, which will be paid on Wednesday, November 6th. Stockholders of record on Friday, October 4th will be paid a dividend of $0.095 per share. The ex-dividend date is Friday, October 4th.
About The Weir Group
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.
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