The Weir Group (LON:WEIR) Hits New 52-Week High – Here’s What Happened

Posted by Donna Armstrong on Jan 30th, 2025

The Weir Group PLC (LON:WEIR – Get Free Report)’s share price reached a new 52-week high during trading on Thursday . The stock traded as high as GBX 2,420 ($30.13) and last traded at GBX 2,416 ($30.08), with a volume of 103543 shares. The stock had previously closed at GBX 2,382 ($29.66).

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. boosted their target price on The Weir Group from GBX 2,075 ($25.83) to GBX 2,300 ($28.64) and gave the stock an “overweight” rating in a report on Thursday, November 7th.

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The Weir Group Stock Performance

The stock has a market capitalization of £6.26 billion, a P/E ratio of 2,835.29, a P/E/G ratio of 2.59 and a beta of 1.41. The company has a quick ratio of 1.16, a current ratio of 2.07 and a debt-to-equity ratio of 79.85. The business has a fifty day moving average price of GBX 2,237.88 and a 200-day moving average price of GBX 2,107.01.

The Weir Group Company Profile

(Get Free Report)

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.