John Wood Group (LON:WG) Shares Pass Below 200-Day Moving Average After Insider Selling

John Wood Group PLC (LON:WG)’s share price crossed below its 200-day moving average during trading on Thursday following insider selling activity. The stock has a 200-day moving average of GBX 61.40 ($0.82) and traded as low as GBX 19.47 ($0.26). John Wood Group shares last traded at GBX 19.47 ($0.26), with a volume of 12,289,152 shares traded.

Specifically, insider Ken Gilmartin sold 12,792 shares of John Wood Group stock in a transaction on Tuesday, April 22nd. The shares were sold at an average price of GBX 20 ($0.27), for a total value of £2,558.40 ($3,412.57).

John Wood Group Price Performance

The company has a market cap of £149.64 million, a price-to-earnings ratio of -0.14, a PEG ratio of 0.33 and a beta of 1.36. The company’s 50 day moving average price is GBX 31.95 and its 200 day moving average price is GBX 61.40. The company has a current ratio of 0.98, a quick ratio of 0.75 and a debt-to-equity ratio of 66.97.

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.