Johnson Service Group PLC (OTCMKTS:JSVGF – Get Free Report) saw a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 13,719 shares, an increase of 860.0% from the August 15th total of 1,429 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.
Johnson Service Group Price Performance
Shares of OTCMKTS JSVGF remained flat at $1.86 during trading on Friday. The business has a 50-day simple moving average of $1.93 and a 200 day simple moving average of $1.86. Johnson Service Group has a 1-year low of $1.70 and a 1-year high of $2.05.
Wall Street Analyst Weigh In
Separately, Royal Bank Of Canada reiterated a “sector perform” rating on shares of Johnson Service Group in a research report on Wednesday. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy”.
About Johnson Service Group
Johnson Service Group PLC, together with its subsidiaries, provides textile rental and related services in the United Kingdom. The company operates through two segments, Workwear; and Hotel, Restaurants and Catering. The Workwear segment supplies workwear garments and protective wear, and workplace hygiene services under the Johnsons Workwear brands, as well as provides laundering services. The Hotel, Restaurants and Catering segment offers linen services, including table linen, napkins, and chefs wear to the restaurant, catering, and hospitality market through the Afonwen, PLS, Stalbridge, South West Laundry, London Linen, and Fresh Linen brands.
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