Weir Group (OTCMKTS:WEGRY) Shares Gap Down – Time to Sell?

Weir Group (OTCMKTS:WEGRY)’s share price gapped down prior to trading on Wednesday . The stock had previously closed at $19.41, but opened at $18.60. Weir Group shares last traded at $18.5975, with a volume of 3,889 shares.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the company. Citigroup reaffirmed a “buy” rating on shares of Weir Group in a research report on Thursday, July 30th. Kepler Capital Markets raised Weir Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, June 17th. Finally, Jefferies Financial Group restated a “buy” rating on shares of Weir Group in a research note on Wednesday, August 19th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

Weir Group Stock Up 2.1%

The company’s 50 day simple moving average is $17.80 and its 200 day simple moving average is $18.67. The company has a debt-to-equity ratio of 0.87, a current ratio of 2.05 and a quick ratio of 1.30.

Weir Group Company Profile

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.