The Weir Group PLC (LON:WEIR - Get Free Report) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 2,102.30 ($26.16) and traded as high as GBX 2,400 ($29.86). The Weir Group shares last traded at GBX 2,380 ($29.61), with a volume of 410,146 shares traded.
Analyst Upgrades and Downgrades
Separately, JPMorgan Chase & Co. lifted their target price on The Weir Group from GBX 2,075 ($25.82) to GBX 2,300 ($28.62) and gave the stock an "overweight" rating in a research note on Thursday, November 7th.
Check Out Our Latest Stock Report on WEIR
The Weir Group Price Performance
The company has a debt-to-equity ratio of 79.85, a quick ratio of 1.16 and a current ratio of 2.07. The company has a market cap of £6.15 billion, a price-to-earnings ratio of 2,787.87, a PEG ratio of 2.59 and a beta of 1.41. The business has a fifty day moving average price of GBX 2,232.97 and a 200 day moving average price of GBX 2,104.22.
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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