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WDS Limited (ASX:WDS)‘s stock had its “overweight” rating reaffirmed by analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Wednesday, StockRatingsNetwork.com reports. They currently have a $1.15 price objective on the stock.

WDS Limited (ASX:WDS) traded up 3.43% during mid-day trading on Wednesday, hitting A$1.055. The stock had a trading volume of 1,241 shares. WDS Limited has a 52-week low of A$0.330 and a 52-week high of A$1.205. The stock’s 50-day moving average is A$1.08 and its 200-day moving average is A$0.89. The company has a market cap of A$152.7 million and a price-to-earnings ratio of 39.23.

WDS Limited is engaged in the provision of specialist services to the underground coal mining industry and to the infrastructure, oil, gas and water pipeline construction and maintenance sectors in Australia.

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