The Weir Group (OTCMKTS:WEIGF) Shares Up 15% – Time to Buy?

The Weir Group PLC (OTCMKTS:WEIGFGet Free Report) shares were up 15% during mid-day trading on Friday . The company traded as high as $43.45 and last traded at $43.45. Approximately 16,491 shares changed hands during mid-day trading, an increase of 435% from the average daily volume of 3,081 shares. The stock had previously closed at $37.77.

The Weir Group Stock Performance

The stock has a 50 day moving average price of $37.48 and a 200 day moving average price of $36.14.

The Weir Group Company Profile

(Get Free Report)

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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