Weir Group (OTCMKTS:WEGRY) Shares Gap Up – Time to Buy?

Weir Group (OTCMKTS:WEGRY) gapped up before the market opened on Friday . The stock had previously closed at $15.84, but opened at $16.60. Weir Group shares last traded at $16.60, with a volume of 126 shares.

Analyst Ratings Changes

A number of brokerages recently issued reports on WEGRY. Kepler Capital Markets raised Weir Group from a “hold” rating to a “strong-buy” rating in a report on Wednesday, June 17th. Zacks Research upgraded Weir Group from a “strong sell” rating to a “hold” rating in a research report on Monday, May 4th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

Weir Group Stock Performance

The company’s 50 day simple moving average is $17.59 and its 200 day simple moving average is $19.83. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.30 and a current ratio of 2.05.

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.