Weg S.A. (OTCMKTS:WEGZY – Get Free Report) traded down 0.9% on Tuesday . The stock traded as low as $8.75 and last traded at $9.03. 40,133 shares traded hands during mid-day trading, a decline of 18% from the average session volume of 49,117 shares. The stock had previously closed at $9.1084.
WEG Price Performance
The firm has a 50-day moving average price of $9.46 and a two-hundred day moving average price of $9.14.
About WEG
WEG SA, trading in the U.S. over-the-counter as WEGZY, is a Brazilian multinational corporation specializing in the manufacture and distribution of electric motors, automation technologies and power generation equipment. The company’s portfolio spans low-, medium- and high-voltage electric machines, variable frequency drives and control systems designed for a wide array of industrial applications. WEG also offers transformer solutions and integrated automation products that support sectors including oil and gas, mining, pulp and paper, and infrastructure.
Founded in 1961 in Jaraguá do Sul, Brazil, WEG has grown from a small electric motor shop into one of the world’s largest industrial equipment manufacturers.
Read More
- Five stocks we like better than WEG
- Navy Catalyst Ignites Odysight’s Growth Engine
- AST SpaceMobile Plummets on Galactic Q1 Miss: Can Vertical Integration Save the SpaceX Rival?
- Axon Surged After Earnings and Is Still Down Over 50% From Highs
- The Event That Could Redefine Apple’s Summer Rally
Receive News & Ratings for WEG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WEG and related companies with MarketBeat.com's FREE daily email newsletter.
