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

Shares of John Wood Group PLC (LON:WG) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 85.04 ($1.09) and traded as low as GBX 36.22 ($0.47). John Wood Group shares last traded at GBX 37.38 ($0.48), with a volume of 9,417,635 shares trading hands.

John Wood Group Stock Performance

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 firm has a market cap of £309.37 million, a price-to-earnings ratio of -0.30, a P/E/G ratio of 0.33 and a beta of 1.36. The firm has a fifty day simple moving average of GBX 56.27 and a two-hundred day simple moving average of GBX 85.04.

Insider Activity at John Wood Group

In other John Wood Group news, insider Ken Gilmartin acquired 10,305 shares of the business’s stock in a transaction dated Thursday, January 16th. The stock was acquired at an average cost of GBX 65 ($0.84) per share, for a total transaction of £6,698.25 ($8,623.99). 1.81% of the stock is owned by company 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.