The Weir Group PLC (OTCMKTS:WEGRY – Get Free Report) was the target of a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 400 shares, an increase of 33.3% from the February 13th total of 300 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 24,100 shares, the short-interest ratio is currently 0.0 days.
The Weir Group Trading Up 1.5 %
Shares of WEGRY stock opened at $15.29 on Monday. The Weir Group has a twelve month low of $11.80 and a twelve month high of $16.21. The firm has a 50-day moving average price of $14.62 and a 200 day moving average price of $14.15. The company has a debt-to-equity ratio of 0.62, a current ratio of 2.07 and a quick ratio of 1.39.
Analyst Ratings Changes
Separately, BNP Paribas cut The Weir Group from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 6th.
About The Weir Group
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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