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

Shares of John Wood Group PLC (LON:WG) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred 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 Stock Performance

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 stock has a 50 day simple moving average of GBX 66.07 and a two-hundred day simple moving average of GBX 103.03. The stock has a market capitalization of £471.27 million, a P/E ratio of -58.09, a P/E/G ratio of 0.33 and a beta of 1.36.

Insider Transactions at John Wood Group

In related news, insider Ken Gilmartin acquired 10,305 shares of the company’s stock in a transaction on Thursday, January 16th. The stock was purchased at an average cost of GBX 65 ($0.81) per share, with a total value of £6,698.25 ($8,340.49). 1.81% of the stock is currently owned by corporate insiders.

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.