John Wood Group PLC (OTCMKTS:WDGJF – Get Free Report) saw a significant drop in short interest in December. As of December 15th, there was short interest totalling 51,700 shares, a drop of 35.9% from the November 30th total of 80,700 shares. Based on an average trading volume of 8,700 shares, the short-interest ratio is presently 5.9 days.
John Wood Group Stock Down 1.9 %
John Wood Group stock opened at $0.80 on Monday. John Wood Group has a one year low of $0.61 and a one year high of $2.74. The business’s fifty day moving average is $1.01 and its 200 day moving average is $1.68.
Analyst Ratings Changes
Separately, JPMorgan Chase & Co. assumed coverage on John Wood Group in a research report 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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