John Wood Group (LON:WG) Stock Crosses Below 200 Day Moving Average of $152.00

John Wood Group PLC (LON:WGGet Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 152 ($1.91) and traded as low as GBX 127.40 ($1.60). John Wood Group shares last traded at GBX 127.40 ($1.60), with a volume of 1,918,529 shares changing hands.

Analysts Set New Price Targets

Separately, Berenberg Bank cut their target price on John Wood Group from GBX 200 ($2.51) to GBX 180 ($2.26) and set a “hold” rating on the stock in a research report on Monday, December 18th.

Check Out Our Latest Stock Analysis on John Wood Group

John Wood Group Stock Up 2.4 %

The company has a 50-day simple moving average of GBX 150.16 and a 200 day simple moving average of GBX 152. The company has a market cap of £902.16 million, a P/E ratio of -143.15, a P/E/G ratio of 0.33 and a beta of 1.55. The company has a current ratio of 0.95, a quick ratio of 0.75 and a debt-to-equity ratio of 38.64.

Insider Transactions at John Wood Group

In related news, insider Ken Gilmartin acquired 3,812 shares of the firm’s stock in a transaction that occurred on Thursday, January 18th. The stock was purchased at an average cost of GBX 168 ($2.11) per share, for a total transaction of £6,404.16 ($8,039.37). Corporate insiders own 1.70% of the company’s stock.

About John Wood Group

(Get Free Report)

John Wood Group PLC, together with its subsidiaries, provides 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.

Further Reading

Receive News & Ratings for John Wood Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for John Wood Group and related companies with MarketBeat.com's FREE daily email newsletter.