The Weir Group PLC (LON:WEIR - Get Free Report) insider Brian Puffer sold 9,794 shares of the business's stock in a transaction dated Friday, February 28th. The shares were sold at an average price of GBX 2,414 ($30.68), for a total transaction of £236,427.16 ($300,453.88).
The Weir Group Price Performance
Shares of LON:WEIR traded up GBX 34 ($0.43) during trading on Monday, reaching GBX 2,464 ($31.31). The company had a trading volume of 1,253,403 shares, compared to its average volume of 695,811. The firm's fifty day moving average is GBX 2,295.03 and its 200 day moving average is GBX 2,177.89. The firm has a market capitalization of £6.35 billion, a PE ratio of 28.95, a price-to-earnings-growth ratio of 2.59 and a beta of 1.41. The Weir Group PLC has a twelve month low of GBX 1,817.50 ($23.10) and a twelve month high of GBX 2,474.24 ($31.44). The company has a debt-to-equity ratio of 80.30, a quick ratio of 1.16 and a current ratio of 2.07.
The Weir Group (LON:WEIR - Get Free Report) last released its earnings results on Friday, February 28th. The company reported GBX 120 ($1.52) EPS for the quarter. The Weir Group had a net margin of 8.60% and a return on equity of 12.79%. On average, equities analysts forecast that The Weir Group PLC will post 136.0509554 EPS for the current year.
Analyst Ratings Changes
WEIR has been the subject of a number of recent research reports. JPMorgan Chase & Co. boosted their price objective on shares of The Weir Group from GBX 2,075 ($26.37) to GBX 2,300 ($29.23) and gave the company an "overweight" rating in a research report on Thursday, November 7th. Royal Bank of Canada boosted their target price on shares of The Weir Group from GBX 2,500 ($31.77) to GBX 2,700 ($34.31) and gave the company an "outperform" rating in a research note on Monday.
Read Our Latest Stock Report on WEIR
About The Weir Group
(
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The Weir Group PLC produces and sells highly engineered original equipment worldwide. It operates in two segments, Minerals and ESCO. The Minerals segment offers engineering, manufacturing, and service processing technology for the use in abrasive high-wear mining applications; and differentiated technology for the use in infrastructure and general industrial markets.
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