Jacobs Engineering Group (JEC) Shares are Up 1.4%

Jacobs Engineering Group (JEC) : Traders are bullish on Jacobs Engineering Group (JEC) as it has outperformed the S&P 500 by a wide margin of 2.01% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.07%, 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 1.4% in the last 1 week, and is up 1.79% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 1.13% and the fifty day Moving Average is 3.72%. Jacobs Engineering Group Inc. is up 8.63% in the last three month period. Year-to-Date the stock performance stands at 29.87%.

Jacobs Engineering Group (JEC) has been rated by 10 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $65 and the lowest price target forecast is $51. The average forecast of all the analysts is $56 and the expected standard deviation is $3.97.


Jacobs Engineering Group (NYSE:JEC): stock turned positive on Friday. Though the stock opened at $54.63, the bulls momentum made the stock top out at $55.24 level for the day. The stock recorded a low of $54.2 and closed the trading day at $54.48, in the green by 0.24%. The total traded volume for the day was 717,178. The stock had closed at $54.35 in the previous days trading.

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.

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