The Weir Group (OTCMKTS:WEIGF) Shares Down 2.1% – Here’s Why

The Weir Group PLC (OTCMKTS:WEIGFGet Free Report) was down 2.1% on Tuesday . The stock traded as low as $28.97 and last traded at $28.97. Approximately 1,235 shares changed hands during trading, a decline of 72% from the average daily volume of 4,339 shares. The stock had previously closed at $29.58.

The Weir Group Stock Performance

The firm’s 50 day simple moving average is $28.17 and its 200-day simple moving average is $27.52.

The Weir Group Company Profile

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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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