John Wood Group PLC (LON:WG) Insider Ken Gilmartin Buys 4,986 Shares

John Wood Group PLC (LON:WG) insider Ken Gilmartin acquired 4,986 shares of the stock in a transaction that occurred on Thursday, October 17th. The shares were bought at an average price of GBX 134 ($1.75) per share, for a total transaction of £6,681.24 ($8,724.52).

Ken Gilmartin also recently made the following trade(s):

• On Thursday, September 19th, Ken Gilmartin bought 5,114 shares of John Wood Group stock. The shares were purchased at an average price of GBX 131 ($1.71) per share, for a total transaction of £6,699.34 ($8,748.16).
• On Thursday, August 15th, Ken Gilmartin bought 5,041 shares of John Wood Group stock. The shares were bought at an average price of GBX 132 ($1.72) per share, with a total value of £6,654.12 ($8,689.11).

John Wood Group Price Performance

Shares of LON WG opened at GBX 133.90 ($1.75) on Friday. The company has a market capitalization of £920.55 million, a P/E ratio of -113.47, a P/E/G ratio of 0.33 and a beta of 1.36. The stock has a 50-day moving average price of GBX 128.97 and a 200-day moving average price of GBX 161.40. The company has a current ratio of 0.98, a quick ratio of 0.75 and a debt-to-equity ratio of 66.76.

Analysts Set New Price Targets

WG has been the topic of several research reports. Berenberg Bank reaffirmed a “hold” rating and issued a GBX 150 ($1.96) target price on shares of John Wood Group in a report on Friday, August 23rd. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 250 ($3.26) price objective on shares of John Wood Group in a research note on Tuesday, October 8th.

About John Wood Group

John Wood Group PLC, together with its subsidiaries, engages in the provision of consulting, project management, and engineering solutions to energy and built environment worldwide. It operates through Projects, Operations, Consulting, and Investment Services segments. The Projects segment provides engineering design and project management services across energy and materials markets including oil and gas, chemicals, mining, minerals, and life sciences.