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Home / Stocks and Markets at Lows / The Weir Group PLC (WEIR.L) 07-10-19

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

The Weir Group PLC (WEIR.L) 07-10-19 A trading opportunity for you?

Shares in The Weir Group PLC (WEIR.L) have fallen notably from recent highs of 1596.5p. Will the trend prevail, or is this an opportunity for you to pick up a bargain?

 

  • Currently at 1332.0p (at time of writing). A move up to highs would represent a rise of 19%.
  • These share are amongst the biggest fallers in the period.
  • Is the move unfinished, or are we about to see a bounce?
  • The market has been known to over-react to bad news. Investors should consider whether these falls are justified, or is this an over-reaction?
  • Shares -26% from 12-month highs; +7% from 12 month lows.
  • Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

 

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