(NYSE:AMFW) shares saw light trading volume with 0 shares changing hands in the last trading session. Overall, volume was down 100.00% under the stocks normal daily volume.
Short traders are more bearish on shares of AMEC Foster Wheeler plc America at least if you consider the rise in short interest. The firm recorded a rise in short interest of 45.96% as of the latest report on September 29, 2017. Short shares increased 10,121 over that period. The days to cover decreased to 1.0 and the percentage of shorted shares is 0.00% as of September 29.
Additionally, here are a few investment firms who have increased or decreased their stake in (AMFW). Envestnet Asset Management Inc cut its stake by selling 35,371 shares a decrease of 12.2% from 03/31/2017 to 06/30/2017. Envestnet Asset Management Inc owns 254,278 shares worth $1,530,000. The value of the position overall is down by 19.8%. As of the end of the quarter Ubs Group Ag had disposed of a total of 1,816 shares trimming its stake by 56.3%. The value of the investment in (AMFW) decreased from $21,000 to $8,000 a change of $13,000 since the last quarter.
As of quarter end Jane Street Group, LLC had sold 263,890 shares trimming its holdings by 65.5%. The value of the total investment in AMEC Foster Wheeler plc America went from $2,654,000 to $836,000 decreasing 68.5% quarter to quarter. As of the end of the quarter Cutler Group LP had bought a total of 200 shares growing its position 22.2%. The value in dollars went from $0 to $2,000 a change of inf% quarter over quarter.
In the market the company is trading down from yesterday’s close of $7.01. The stock is trading at $7.01 quite a bit higher than the 50 day moving average which is $6.11 and which is significantly above the 200 day moving average of $6.31. The 50 day moving average went up $0.90 or +14.78% and the 200 day average went up by +11.10%.
Amec Foster Wheeler plc provides consultancy, engineering, and project management services to the oil and gas, mining, clean energy, and environment and infrastructure markets worldwide. The company offers engineering, procurement, and construction solutions on wind, solar, biomass, and biofuel projects, as well as designs and supplies combustion and steam generation equipment. It also provides mining consultancy services, including ore resource estimation, and mine planning and feasibility studies; and design, project, and construction management services. In addition, the company offers consulting, engineering, and project management services in the areas of water, transportation and infrastructure, government services, and industrial sectors. It serves oil companies, chemical companies, utility companies, and government bodies. The company was formerly known as AMEC plc and changed its name to Amec Foster Wheeler plc. Amec Foster Wheeler plc was founded in 1848 and is headquartered in London, the United Kingdom..