John Wood Group PLC (OTCMKTS:WDGJF – Get Free Report) was the recipient of a large increase in short interest in January. As of January 15th, there was short interest totalling 198,200 shares, an increase of 283.4% from the December 31st total of 51,700 shares. Based on an average trading volume of 2,800 shares, the short-interest ratio is currently 70.8 days.
John Wood Group Stock Performance
Shares of WDGJF stock opened at $0.87 on Thursday. John Wood Group has a fifty-two week low of $0.61 and a fifty-two week high of $2.69. The company has a 50 day moving average price of $0.80 and a 200 day moving average price of $1.42.
Wall Street Analyst Weigh In
Separately, JPMorgan Chase & Co. assumed coverage on John Wood Group in a research report on Thursday, October 17th. They issued an “overweight” rating for the company.
About John Wood Group
John Wood Group PLC, together with its subsidiaries, engages in the provision of consulting, project management, and engineering solutions to energy and built environment worldwide. It operates through Projects, Operations, Consulting, and Investment Services segments. The Projects segment provides engineering design and project management services across energy and materials markets including oil and gas, chemicals, mining, minerals, and life sciences.
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