Weir Group (OTCMKTS:WEGRY) Stock Crosses Below Two Hundred Day Moving Average – Time to Sell?

Shares of Weir Group (OTCMKTS:WEGRY) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $19.26 and traded as low as $18.26. Weir Group shares last traded at $18.26, with a volume of 14,272 shares trading hands.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. Zacks Research upgraded Weir Group from a “strong sell” rating to a “hold” rating in a report on Monday, May 4th. Citigroup restated a “buy” rating on shares of Weir Group in a report on Thursday, July 30th. Finally, Kepler Capital Markets raised shares of Weir Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, June 17th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, Weir Group has a consensus rating of “Moderate Buy”.

Weir Group Stock Up 0.1%

The stock’s 50 day moving average price is $16.80 and its 200-day moving average price is $19.24. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.30 and a current ratio of 2.05.

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.