Weir Group (OTCMKTS:WEGRY) Stock Crosses Above 50 Day Moving Average – Should You Sell?

Weir Group (OTCMKTS:WEGRY)’s share price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $20.49 and traded as high as $23.40. Weir Group shares last traded at $23.25, with a volume of 41,933 shares changing hands.

Analyst Ratings Changes

A number of brokerages have commented on WEGRY. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Weir Group in a research note on Monday, January 12th. The Goldman Sachs Group downgraded Weir Group from a “buy” rating to a “hold” rating in a research note on Thursday, November 6th. Finally, Citigroup restated a “buy” rating on shares of Weir Group in a research note on Wednesday. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, Weir Group currently has a consensus rating of “Moderate Buy”.

Weir Group Price Performance

The company has a current ratio of 2.09, a quick ratio of 1.32 and a debt-to-equity ratio of 0.86. The business has a fifty day moving average price of $20.49 and a 200 day moving average price of $18.96.

About Weir Group

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.