Shares of The Weir Group PLC (OTCMKTS:WEIGF – Get Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $39.28 and traded as low as $32.65. The Weir Group shares last traded at $32.65, with a volume of 120 shares changing hands.
The Weir Group Price Performance
The company’s 50-day simple moving average is $37.33 and its 200 day simple moving average is $39.28.
The Weir Group Company Profile
The Weir Group plc is a UK‐based engineering company founded in 1871 and headquartered in Glasgow, Scotland. With a heritage rooted in industrial innovation, the company has evolved into a diversified manufacturer and service provider for energy, mining and infrastructure markets worldwide. Originally established to supply pumps and valves for shipbuilding and marine applications, Weir has expanded its product portfolio over more than a century to become a global leader in heavy equipment and aftermarket support.
Weir’s core business activities are organized into two principal segments: Minerals and Pumps & Services.
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