Jacobs Engineering Group (JEC) Shares are Up 2.11%

Jacobs Engineering Group (JEC) has been under a strong bear grip, hence the stock is down -0.48% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.94% in the past 1 week. The stock has risen by 2.11% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.01% in the past 4 weeks.

The stock has recorded a 20-day Moving Average of 1.65% and the 50-Day Moving Average is 1.76%.The 200 Day SMA reached 11.61%

Jacobs

Jacobs Engineering Group (NYSE:JEC): The stock opened in the green at $51.97 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $52.19 and a low of $51.68 for the day. The stock did not find buyers even at the lows and closed at $51.72 recording a loss of -0.46%. 1,165,588 shares exchanged hands during the trading day. The stock had closed at $51.72 in the previous days trading.

Jacobs Engineering Group (JEC) : Average target price received by Jacobs Engineering Group (JEC) is $55.56 with an expected standard deviation of $3.05. The most aggressive target on the stock is $60, whereas the most downbeat target is $51. 9 financial analysts are currently covering the stock.

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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.