John Wood Group (OTCMKTS:WDGJF) Shares Pass Below 50-Day Moving Average – Time to Sell?

John Wood Group PLC (OTCMKTS:WDGJFGet Free Report) crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $1.05 and traded as low as $0.82. John Wood Group shares last traded at $0.82, with a volume of 4,050 shares.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. started coverage on John Wood Group in a report on Thursday, October 17th. They issued an “overweight” rating on the stock.

Check Out Our Latest Stock Analysis on John Wood Group

John Wood Group Stock Down 0.5 %

The company’s 50 day simple moving average is $1.05 and its 200 day simple moving average is $1.71.

About John Wood Group

(Get Free Report)

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.

Featured Stories

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.