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Home / Stocks and Markets at Lows / John Wood PLC (WG.L) 31-10-19

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

John Wood PLC (WG.L) 31-10-19

Shares in John Wood PLC (WG.L) have fallen dramatically from recent highs of 553.6p. Will it continue, or is this an opportunity to pick up a bargain?

 

  • Now trading at 325.2p (at time of writing). A return to previous highs would represent a rise of 70%.
  • The market often over-reacts to bad news. Traders should consider whether it is down for good reason, or is this another over-reaction?
  • Shares -53% from 12-month highs; +0% from 12 month lows.

 

  • Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

 

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