Willbros Group (WG) Upgrade Alert, Watch for 5.3% Technical Uptrend Continuation

Posted on: Fri, 06 Nov 2009 11:52:00 EST


Symbols: WG
Nov 06, 2009 (SmarTrend(R) Spotlight via COMTEX) --
WG | Quote | Chart | News | PowerRating -- Willbros Group (NYSE:WG) upgraded to Buy, $21 target, at KeyBanc. The stock closed yesterday at $14.66 on volume of 1,126,700 shares, above average daily volume of 362,656.

Willbros is currently above its 50-day moving average of $14.14 and above its 200-day moving average of $12.24.

SmarTrend is bullish on shares of WG and our subscribers received an Uptrend alert on July 24, 2009 at $13.93, which has returned 5.3% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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For full details on Willbros Group Inc (WG) WG. Willbros Group Inc (WG) has Short Term PowerRatings at TradingMarkets. Details on Willbros Group Inc (WG) Short Term PowerRatings is available at This Link.

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