Weir Group (OTCMKTS:WEGRY) Share Price Passes Above 50-Day Moving Average – Time to Sell?

Weir Group (OTCMKTS:WEGRY)’s stock price passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $19.80 and traded as high as $23.56. Weir Group shares last traded at $23.27, with a volume of 8,992 shares traded.

Analyst Ratings Changes

A number of analysts recently weighed in on WEGRY shares. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Weir Group in a report on Monday, January 12th. The Goldman Sachs Group cut shares of Weir Group from a “buy” rating to a “hold” rating in a report on Thursday, November 6th. Two investment analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, Weir Group has a consensus rating of “Moderate Buy”.

Weir Group Stock Up 1.2%

The firm’s fifty day simple moving average is $19.80 and its 200 day simple moving average is $18.71. The company has a current ratio of 2.09, a quick ratio of 1.32 and a debt-to-equity ratio of 0.86.

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.