John Wood Group PLC (OTCMKTS:WDGJF – Get Free Report) saw a large decrease in short interest during the month of November. As of November 30th, there was short interest totalling 80,700 shares, a decrease of 81.4% from the November 15th total of 433,300 shares. Based on an average trading volume of 14,800 shares, the short-interest ratio is currently 5.5 days.
John Wood Group Stock Performance
OTCMKTS WDGJF remained flat at $0.80 on Wednesday. The firm has a fifty day simple moving average of $1.24 and a 200 day simple moving average of $1.83. John Wood Group has a twelve month low of $0.61 and a twelve month high of $2.74.
Analysts Set New Price Targets
Separately, JPMorgan Chase & Co. initiated coverage on shares of John Wood Group in a research note on Thursday, October 17th. They issued an “overweight” rating on the stock.
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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