Shares of John Wood Group PLC (LON:WG - Get Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 162.67 ($2.13) and traded as low as GBX 124.47 ($1.63). John Wood Group shares last traded at GBX 125.40 ($1.64), with a volume of 1,392,968 shares changing hands.
Several research firms recently weighed in on WG. Berenberg Bank reaffirmed a "hold" rating and issued a GBX 150 ($1.96) price objective on shares of John Wood Group in a research note on Friday, August 23rd. Canaccord Genuity Group restated a "buy" rating and issued a GBX 250 ($3.27) price target on shares of John Wood Group in a research note on Tuesday, August 6th.
Get Our Latest Analysis on WG
The company has a current ratio of 0.98, a quick ratio of 0.75 and a debt-to-equity ratio of 66.76. The company has a market capitalization of £873.11 million, a P/E ratio of -109.04, a PEG ratio of 0.33 and a beta of 1.36. The stock has a 50 day moving average price of GBX 138.27 and a 200 day moving average price of GBX 162.67.
In other John Wood Group news, insider Ken Gilmartin bought 3,256 shares of the business's stock in a transaction that occurred on Thursday, July 18th. The shares were acquired at an average cost of GBX 205 ($2.68) per share, for a total transaction of £6,674.80 ($8,735.51). In related news, insider Birgitte Brinch Madsen purchased 15,000 shares of John Wood Group stock in a transaction on Thursday, August 29th. The shares were purchased at an average price of GBX 132 ($1.73) per share, for a total transaction of £19,800 ($25,912.84). Also, insider Ken Gilmartin acquired 3,256 shares of the stock in a transaction dated Thursday, July 18th. The shares were bought at an average price of GBX 205 ($2.68) per share, with a total value of £6,674.80 ($8,735.51). Over the last three months, insiders bought 28,411 shares of company stock worth $3,982,826. 1.81% of the stock is currently owned by insiders.
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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