The Weir Group PLC (OTCMKTS:WEGRY) Short Interest Up 33.3% in February

The Weir Group PLC (OTCMKTS:WEGRY) was the recipient of a significant increase in short interest in 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. Based on an average daily volume of 24,100 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Analyst Ratings Changes

Separately, BNP Paribas downgraded shares of The Weir Group from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 6th.

The Weir Group Stock Performance

Shares of WEGRY stock opened at $15.29 on Monday. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.39 and a current ratio of 2.07. The Weir Group has a fifty-two week low of $11.80 and a fifty-two week high of $16.21. The stock’s 50-day simple moving average is $14.62 and its 200-day simple moving average is $14.15.

The Weir Group Company Profile

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.