Weir Group (OTCMKTS:WEGRY) Stock Price Passes Above 50-Day Moving Average – Should You Sell?

Weir Group (OTCMKTS:WEGRY) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $19.21 and traded as high as $20.1499. Weir Group shares last traded at $19.6750, with a volume of 14,908 shares traded.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group cut shares of Weir Group from a “buy” rating to a “hold” rating in a research note on Thursday, November 6th. Two equities research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, Weir Group presently has a consensus rating of “Moderate Buy”.

Weir Group Price Performance

The company has a quick ratio of 1.32, a current ratio of 2.09 and a debt-to-equity ratio of 0.86. The stock’s 50 day moving average price is $19.21 and its 200-day moving average price is $18.20.

About Weir Group

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.