John Wood Group PLC (LON:WG – Get Free Report)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 161.83 ($2.10) and traded as low as GBX 127.10 ($1.65). John Wood Group shares last traded at GBX 127.20 ($1.65), with a volume of 776,766 shares changing hands.
Analysts Set New Price Targets
A number of equities research analysts recently issued reports on WG shares. Berenberg Bank reiterated a “hold” rating and set a GBX 150 ($1.95) target price on shares of John Wood Group in a research report on Friday, August 23rd. Canaccord Genuity Group restated a “buy” rating and set a GBX 250 ($3.25) price target on shares of John Wood Group in a research report on Tuesday, October 8th.
Get Our Latest Stock Analysis on John Wood Group
John Wood Group Price Performance
Insiders Place Their Bets
In other John Wood Group news, insider Ken Gilmartin acquired 4,986 shares of John Wood Group stock in a transaction on Thursday, October 17th. The shares were purchased at an average cost of GBX 134 ($1.74) per share, with a total value of £6,681.24 ($8,674.68). In other John Wood Group news, insider Birgitte Brinch Madsen bought 15,000 shares of the firm’s stock in a transaction on Thursday, August 29th. The stock was purchased at an average cost of GBX 132 ($1.71) per share, with a total value of £19,800 ($25,707.61). Also, insider Ken Gilmartin bought 4,986 shares of the stock in a transaction that occurred on Thursday, October 17th. The shares were acquired at an average cost of GBX 134 ($1.74) per share, with a total value of £6,681.24 ($8,674.68). In the last three months, insiders bought 30,141 shares of company stock valued at $3,983,470. 1.81% of the stock is currently owned by insiders.
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.
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