Shares of The Weir Group PLC (LON:WEIR - Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 2,067.86 ($25.94) and traded as high as GBX 2,224 ($27.89). The Weir Group shares last traded at GBX 2,198 ($27.57), with a volume of 51,690 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, JPMorgan Chase & Co. lifted their price objective on The Weir Group from GBX 2,075 ($26.03) to GBX 2,300 ($28.85) and gave the stock an "overweight" rating in a research note on Thursday, November 7th.
Check Out Our Latest Stock Analysis on The Weir Group
The Weir Group Price Performance
The company has a quick ratio of 1.16, a current ratio of 2.07 and a debt-to-equity ratio of 79.85. The firm has a market cap of £5.71 billion, a P/E ratio of 2,585.88, a P/E/G ratio of 2.59 and a beta of 1.41. The business's 50 day moving average is GBX 2,176.86 and its two-hundred day moving average is GBX 2,068.14.
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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