Weir Group (OTCMKTS:WEGRY) Downgraded by Zacks Research to Strong Sell

Weir Group (OTCMKTS:WEGRY) was downgraded by Zacks Research from a “hold” rating to a “strong sell” rating in a research note issued to investors on Tuesday,Zacks.com reports.

WEGRY has been the subject of several other research reports. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Weir Group in a research report on Monday, January 12th. Citigroup reaffirmed a “buy” rating on shares of Weir Group in a research note on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy”.

Weir Group Price Performance

WEGRY opened at $20.60 on Tuesday. The company has a debt-to-equity ratio of 0.86, a current ratio of 2.09 and a quick ratio of 1.32. The business has a 50 day simple moving average of $22.31 and a 200-day simple moving average of $19.99. Weir Group has a 12 month low of $12.45 and a 12 month high of $24.85.

Weir Group Company Profile

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.