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

Posted by Trent Williams on Jan 30th, 2025

The Weir Group PLC (LON:WEIR – Get Free Report) shares reached a new 52-week high during mid-day 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 trading hands. The stock had previously closed at GBX 2,382 ($29.66).

Analysts Set New Price Targets

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 company an “overweight” rating in a research note on Thursday, November 7th.

View Our Latest Stock Analysis on WEIR

The Weir Group Stock Up 1.2 %

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 company has a market capitalization of £6.26 billion, a P/E ratio of 2,835.29, a price-to-earnings-growth ratio of 2.59 and a beta of 1.41. The company has a 50-day moving average of GBX 2,237.88 and a two-hundred day moving average 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.