Short Interest in John Wood Group PLC (OTCMKTS:WDGJF) Increases By 532.0%

John Wood Group PLC (OTCMKTS:WDGJFGet Rating) was the target of a significant growth in short interest in April. As of April 30th, there was short interest totalling 225,000 shares, a growth of 532.0% from the April 15th total of 35,600 shares. Based on an average daily volume of 3,000 shares, the days-to-cover ratio is currently 75.0 days.

WDGJF remained flat at $$2.72 during trading on Wednesday. The stock’s 50 day moving average is $2.35 and its 200-day moving average is $2.66. John Wood Group has a 1-year low of $2.00 and a 1-year high of $4.07.

WDGJF has been the subject of several recent analyst reports. JPMorgan Chase & Co. dropped their price objective on John Wood Group from GBX 290 ($3.58) to GBX 285 ($3.51) in a research note on Monday, April 25th. Jefferies Financial Group upgraded John Wood Group from an “underperform” rating to a “hold” rating in a report on Monday, April 11th. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $307.50.

About John Wood Group (Get Rating)

John Wood Group PLC, together with its subsidiaries, provides consulting, project management, and engineering solutions 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.

Featured Articles

Receive News & Ratings for John Wood Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for John Wood Group and related companies with MarketBeat.com's FREE daily email newsletter.