John Wood Group (LON:WG) Share Price Passes Below Two Hundred Day Moving Average – What’s Next?

John Wood Group PLC (LON:WG) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 88.99 ($1.12) and traded as low as GBX 32.34 ($0.41). John Wood Group shares last traded at GBX 35.90 ($0.45), with a volume of 27,418,977 shares changing hands.

John Wood Group Trading Up 3.3 %

The business’s fifty day moving average is GBX 59.43 and its two-hundred day moving average is GBX 88.99. The company has a quick ratio of 0.75, a current ratio of 0.98 and a debt-to-equity ratio of 66.97. The firm has a market cap of £306.89 million, a price-to-earnings ratio of -0.29, a price-to-earnings-growth ratio of 0.33 and a beta of 1.36.

Insider Transactions at John Wood Group

In other John Wood Group news, insider Ken Gilmartin acquired 26,451 shares of John Wood Group stock in a transaction on Thursday, February 20th. The shares were purchased at an average cost of GBX 25 ($0.31) per share, with a total value of £6,612.75 ($8,316.88). 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.