John Wood Group (LON:WG) Share Price Crosses Below 200-Day Moving Average – What’s Next?

John Wood Group PLC (LON:WG) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 81.07 ($1.05) and traded as low as GBX 39.90 ($0.52). John Wood Group shares last traded at GBX 42.12 ($0.55), with a volume of 12,249,060 shares changing hands.

John Wood Group Stock Up 5.6 %

The company has a debt-to-equity ratio of 66.97, a current ratio of 0.98 and a quick ratio of 0.75. The business has a fifty day moving average of GBX 53.10 and a 200 day moving average of GBX 81.07. The stock has a market capitalization of £348.60 million, a price-to-earnings ratio of -0.33, a PEG ratio of 0.33 and a beta of 1.36.

Insiders Place Their Bets

In related news, insider Ken Gilmartin acquired 26,451 shares of John Wood Group stock in a transaction dated Thursday, February 20th. The shares were acquired at an average cost of GBX 25 ($0.33) per share, for a total transaction of £6,612.75 ($8,596.92). 1.81% of the stock is owned by insiders.

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.