Weir Group (OTCMKTS:WEGRY) Shares Pass Below Two Hundred Day Moving Average – Should You Sell?

Weir Group (OTCMKTS:WEGRY) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $20.07 and traded as low as $18.44. Weir Group shares last traded at $18.7950, with a volume of 15,532 shares changing hands.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on WEGRY. Zacks Research lowered shares of Weir Group from a “hold” rating to a “strong sell” rating in a research report on Tuesday, March 10th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Weir Group in a research note on Monday, January 12th. Finally, Citigroup restated a “buy” rating on shares of Weir Group in a research report on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Weir Group Stock Performance

The firm’s 50-day moving average price is $22.18 and its two-hundred day moving average price is $20.08. The company has a current ratio of 2.09, a quick ratio of 1.32 and a debt-to-equity ratio of 0.86.

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.