John Wood Group PLC (LON:WG) Insider Arvind Balan Sells 633,785 Shares of Stock

John Wood Group PLC (LON:WG) insider Arvind Balan sold 633,785 shares of the company’s stock in a transaction on Wednesday, May 1st. The shares were sold at an average price of GBX 151 ($1.90), for a total value of £957,015.35 ($1,202,129.57).

John Wood Group Stock Down 1.9 %

WG stock opened at GBX 148.40 ($1.86) on Thursday. The company has a debt-to-equity ratio of 41.96, a current ratio of 0.91 and a quick ratio of 0.75. The firm’s fifty day simple moving average is GBX 143.49 and its 200-day simple moving average is GBX 150.14. John Wood Group PLC has a 12 month low of GBX 117.67 ($1.48) and a 12 month high of GBX 228.66 ($2.87). The company has a market capitalization of £1.02 billion, a P/E ratio of -989.33, a price-to-earnings-growth ratio of 0.33 and a beta of 1.55.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank cut their price objective on John Wood Group from GBX 180 ($2.26) to GBX 150 ($1.88) and set a “hold” rating on the stock in a report on Friday, April 5th.

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.