John Wood Group PLC (OTCMKTS:WDGJF) Short Interest Update

John Wood Group PLC (OTCMKTS:WDGJF) was the target of a large drop in short interest in October. As of October 30th, there was short interest totalling 370,100 shares, a drop of 18.6% from the October 15th total of 454,900 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 3,701.0 days.

A number of analysts have recently weighed in on the stock. Berenberg Bank restated a “buy” rating on shares of John Wood Group in a report on Monday, September 14th. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of John Wood Group in a research report on Monday, September 21st. Royal Bank of Canada reaffirmed an “outperform” rating on shares of John Wood Group in a research report on Thursday, October 8th. The Goldman Sachs Group lowered shares of John Wood Group from a “buy” rating to a “neutral” rating in a research report on Monday, November 2nd. Finally, Sanford C. Bernstein lowered shares of John Wood Group from an “outperform” rating to a “market perform” rating in a research report on Thursday, September 3rd. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy”.

Shares of John Wood Group stock opened at $3.56 on Friday. John Wood Group has a 52 week low of $1.36 and a 52 week high of $5.50. The company has a 50 day moving average price of $2.92 and a 200 day moving average price of $2.78.

About John Wood Group

John Wood Group PLC, together with its subsidiaries, provides project management, engineering, consulting, and technical services to energy and built environment worldwide. It operates through four segments: Asset Solutions Europe, Africa, Asia, Australia; Assets Solutions Americas; Technical Consulting Solutions; and Investment Services.

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