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

John Wood Group PLC (LON:WG) shares crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred 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 trading hands.

John Wood Group Trading Up 3.3 %

The company’s 50 day simple moving average is GBX 59.43 and its two-hundred day simple 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 company has a market capitalization of £306.89 million, a price-to-earnings ratio of -0.29, a P/E/G ratio of 0.33 and a beta of 1.36.

Insider Transactions at John Wood Group

In related news, insider Ken Gilmartin acquired 26,451 shares of the stock in a transaction dated Thursday, February 20th. The stock was acquired at an average cost of GBX 25 ($0.31) per share, for a total transaction of £6,612.75 ($8,315.83). Insiders own 1.81% of the company’s stock.

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.