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

John Wood Group PLC (LON:WG)’s stock price 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 trading hands.

John Wood Group Stock Up 5.6 %

The firm 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 cap of £348.60 million, a PE ratio of -0.33, a price-to-earnings-growth ratio of 0.33 and a beta of 1.36. The company has a quick ratio of 0.75, a current ratio of 0.98 and a debt-to-equity ratio of 66.97.

Insiders Place Their Bets

In other news, insider Ken Gilmartin acquired 26,451 shares of the company’s stock in a transaction on Thursday, February 20th. The shares were bought at an average price of GBX 25 ($0.33) per share, with a total value of £6,612.75 ($8,596.92). Corporate insiders own 1.81% of the company’s stock.

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.