John Wood Group (LON:WG) Share Price Passes Below 200-Day Moving Average – Here’s Why

John Wood Group PLC (LON:WG) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 103.03 ($1.28) and traded as low as GBX 67.90 ($0.85). John Wood Group shares last traded at GBX 68.45 ($0.85), with a volume of 1,097,736 shares trading hands.

John Wood Group Trading Up 0.1 %

The business’s 50 day moving average is GBX 66.07 and its two-hundred day moving average is GBX 103.03. The company has a quick ratio of 0.75, a current ratio of 0.98 and a debt-to-equity ratio of 66.76. The firm has a market capitalization of £471.27 million, a P/E ratio of -58.09, a PEG ratio of 0.33 and a beta of 1.36.

Insider Buying and Selling at John Wood Group

In other news, insider Ken Gilmartin acquired 10,305 shares of the firm’s stock in a transaction that occurred on Thursday, January 16th. The stock was acquired at an average cost of GBX 65 ($0.81) per share, for a total transaction of £6,698.25 ($8,340.49). Insiders own 1.81% of the company’s stock.

John Wood Group Company Profile

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.