James Fisher and Sons (FSJ.L) 18-11-19
James Fisher and Sons (FSJ.L): will it break the 1846p key support level, or bounce to highs of 2170p (+17%)?
- Currently trading around the 1846p support. The current price is 1850p (at time of writing).
- Support levels like these are often used by traders to assist with decision making.
- Strong support levels often suggest that there may be ‘hot money’ looking to buy at the key level. Of course, valuations can change.
- Will the share price rally again to recent highs of 2170p? (+17%).
- Shares -18% from 12-month highs; +15% from 12 month lows.
Latest News
05 Nov: James Fisher and Sons, the marine services group, announced that its internal network had been hacked. Management said investigations by cyber security experts where ongoing, and the impact was being assessed.
01 Oct: James Fisher and Sons announced that Eoghan O’Lionaird would take the role of CEO with effect from the 1st of October. He replaces Nick Henry.
27 Sep: James Fisher and Sons said that JFD, a subsidiary, had reached a multi-million pound agreement to design and build submarine rescue equipment.
Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

