John Wood Group PLC (LON:WG - Get Free Report)'s share price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 159.68 ($2.05) and traded as low as GBX 54.99 ($0.71). John Wood Group shares last traded at GBX 61.55 ($0.79), with a volume of 11,265,526 shares trading hands.
Wall Street Analysts Forecast Growth
WG has been the topic of several research reports. Berenberg Bank reaffirmed a "hold" rating and issued a GBX 150 ($1.93) target price on shares of John Wood Group in a research report on Friday, August 23rd. Canaccord Genuity Group reaffirmed a "buy" rating and issued a GBX 250 ($3.22) target price on shares of John Wood Group in a research report on Tuesday, October 8th.
Get Our Latest Analysis on WG
John Wood Group Stock Down 10.9 %
The company has a market capitalization of £377.09 million, a P/E ratio of -46.48, a PEG ratio of 0.33 and a beta of 1.36. 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 stock has a 50 day moving average price of GBX 122.98 and a 200 day moving average price of GBX 159.04.
Insider Activity
In related news, insider Ken Gilmartin bought 5,041 shares of the stock in a transaction that occurred on Thursday, August 15th. The stock was acquired at an average cost of GBX 132 ($1.70) per share, with a total value of £6,654.12 ($8,562.76). In other John Wood Group news, insider Birgitte Brinch Madsen purchased 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 ($1.70) per share, for a total transaction of £19,800 ($25,479.35). Also, insider Ken Gilmartin purchased 5,041 shares of the firm's stock in a transaction on Thursday, August 15th. The shares were acquired at an average price of GBX 132 ($1.70) per share, with a total value of £6,654.12 ($8,562.76). In the last ninety days, insiders bought 30,141 shares of company stock worth $3,983,470. Insiders own 1.81% of the company's stock.
John Wood Group Company Profile
(
Get Free Report)
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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