John Wood Group (LON:WG) Stock Crosses Below 200 Day Moving Average – Should You Sell?

John Wood Group PLC (LON:WG) shares passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 75.95 ($0.98) and traded as low as GBX 36.64 ($0.47). John Wood Group shares last traded at GBX 40.90 ($0.53), with a volume of 10,691,384 shares trading hands.

John Wood Group Trading Down 2.3 %

The business’s 50 day moving average is GBX 49.53 and its two-hundred day moving average is GBX 75.95. The firm has a market capitalization of £330.56 million, a P/E ratio of -0.32, a PEG 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.

Insider Transactions at John Wood Group

In other news, insider Ken Gilmartin bought 26,451 shares of the firm’s stock in a transaction that occurred on Thursday, February 20th. The stock was acquired at an average price of GBX 25 ($0.32) per share, with a total value of £6,612.75 ($8,559.09). In the last three months, insiders purchased 52,005 shares of company stock valued at $2,002,056. Company 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.