Previous close | 1,988.00 |
Open | 1,982.00 |
Bid | 1,981.00 x 0 |
Ask | 1,981.00 x 0 |
Day's range | 1,975.50 - 2,005.00 |
52-week range | 608.60 - 2,130.00 |
Volume | 487,439 |
Avg. volume | 979,088 |
Market cap | 5.14B |
Beta (5Y monthly) | 1.59 |
PE ratio (TTM) | N/A |
EPS (TTM) | -149.20 |
Earnings date | 24 Feb 2021 - 01 Mar 2021 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | 23 Apr 2020 |
1y target est | 1,957.11 |
Jon Stanton became the CEO of The Weir Group PLC (LON:WEIR) in 2016, and we think it's a good time to look at the...
Caterpillar (NYSE: CAT) has signed an agreement to acquire Weir Group's (LSE: WEIR) oil and natural gas division, Weir Oil & Gas, for $405 million in cash. Here's what the deal means for Weir and Caterpillar, and whether investors should consider buying shares of Caterpillar, which are now trading at a 52-week high. When Weir Group announced its 2019 results in April, the company hinted that it was interested in selling its struggling oil and gas business as part of a shift toward becoming a pure-play mining company.
The latest acquisition will aid Caterpillar (CAT) to expand its offerings in the oil & gas market.