Jacobs Engineering Group (JEC) : Traders are bullish on Jacobs Engineering Group (JEC) as it has outperformed the S&P 500 by a margin of 0.1% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.11%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.72% in the last 1 week, and is up 6.87% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Jacobs Engineering Group (NYSE:JEC): The stock opened at $53.26 on Friday but the bulls could not build on the opening and the stock topped out at $53.34 for the day. The stock traded down to $52.89 during the day, due to lack of any buying support eventually closed down at $53.08 with a loss of -0.51% for the day. The stock had closed at $53.35 on the previous day. The total traded volume was 750,676 shares.
The stock has recorded a 20-day Moving Average of 3.95% and the 50-Day Moving Average is 4.44%. Jacobs Engineering Group Inc. is up 21.27% in the last 3-month period. Year-to-Date the stock performance stands at 26.53%.
Jacobs Engineering Group Inc. is a technical professional services company. The Company provides a range of technical, professional and construction services to industrial, commercial and governmental clients. Its services include technical professional services and field services. Its technical professional services include project services, and process, scientific and systems consulting. Its field services include construction, and operations and maintenance (O&M). It offers its services to the industries, including aerospace and defense; automotive and industrial; buildings; mining and minerals; nuclear; oil and gas (upstream); petrochemicals and chemicals; pharmaceutical and biotechnology; power and utilities; pulp, paper and consumer products; refining (downstream); telecommunications; transportation, and water and wastewater. It offers its services in approximately 30 countries. The Companys products include Chemetics, Comprimo sulfur solutions and Modular construction.