Weir Group (OTCMKTS:WEGRY) Share Price Passes Below Fifty Day Moving Average – Time to Sell?

Weir Group (OTCMKTS:WEGRY)’s stock price crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $16.74 and traded as low as $15.98. Weir Group shares last traded at $16.11, with a volume of 44,107 shares changing hands.

Analyst Ratings Changes

Several brokerages recently weighed in on WEGRY. Zacks Research upgraded Weir Group from a “strong sell” rating to a “hold” rating in a research report on Monday, May 4th. Kepler Capital Markets upgraded shares of Weir Group from a “hold” rating to a “strong-buy” rating in a report on Wednesday, June 17th. One research 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’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

Weir Group Stock Down 3.9%

The stock has a 50 day simple moving average of $16.74 and a 200 day simple moving average of $19.64. The company has a quick ratio of 1.30, a current ratio of 2.05 and a debt-to-equity ratio of 0.87.

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.