John Wood Group (LON:WG) Shares Pass Below 200-Day Moving Average - Here's What Happened

Shares of John Wood Group PLC (LON:WG - Get Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 81.07 ($1.05) and traded as low as GBX 39.90 ($0.52). John Wood Group shares last traded at GBX 42.12 ($0.54), with a volume of 12,249,060 shares trading hands.

John Wood Group Stock Performance

The stock has a market capitalization of £317.81 million, a PE ratio of -0.30, a P/E/G ratio of 0.33 and a beta of 1.36. The company has a debt-to-equity ratio of 66.97, a quick ratio of 0.75 and a current ratio of 0.98. The firm's 50 day moving average is GBX 51.95 and its two-hundred day moving average is GBX 79.20.

Insider Activity

In other news, insider Ken Gilmartin purchased 10,305 shares of the stock in a transaction on Thursday, January 16th. The stock was bought at an average price of GBX 65 ($0.84) per share, for a total transaction of £6,698.25 ($8,648.48). Over the last three months, insiders have purchased 52,005 shares of company stock worth $2,002,056. Corporate 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.