John Wood Group (LON:WG) Stock Passes Below 200-Day Moving Average – Time to Sell?

John Wood Group PLC (LON:WG)’s stock price crossed 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 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 £330.56 million, a PE ratio of -0.32, a price-to-earnings-growth ratio of 0.33 and a beta of 1.36. The stock’s fifty day moving average price is GBX 49.53 and its two-hundred day moving average price is GBX 75.95.

Insider Buying and Selling at John Wood Group

In related news, insider Ken Gilmartin bought 15,249 shares of the business’s stock in a transaction dated Thursday, March 20th. The shares were purchased at an average price of GBX 44 ($0.57) per share, with a total value of £6,709.56 ($8,684.39). Insiders acquired 52,005 shares of company stock valued at $2,002,056 in the last 90 days. 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.