John Wood Group (LON:WG) Share Price Passes Below 200-Day Moving Average of $170.41

John Wood Group PLC (LON:WG) shares passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 170.41 ($2.15) and traded as low as GBX 156.20 ($1.97). John Wood Group shares last traded at GBX 156.20 ($1.97), with a volume of 833,610 shares changing hands.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on WG. Canaccord Genuity Group raised John Wood Group to a “buy” rating and decreased their price target for the stock from GBX 240 ($3.03) to GBX 225 ($2.84) in a research note on Thursday, August 24th. Citigroup reissued a “neutral” rating on shares of John Wood Group in a research report on Tuesday, May 16th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of GBX 212.33 ($2.68).

John Wood Group Trading Down 2.3 %

The business’s 50-day simple moving average is GBX 146.87 and its two-hundred day simple moving average is GBX 170.41. The company has a current ratio of 0.95, a quick ratio of 0.75 and a debt-to-equity ratio of 38.64. The company has a market capitalization of £1.08 billion, a PE ratio of -177.50, a PEG ratio of 0.33 and a beta of 1.61.

Insider Activity

In other John Wood Group news, insider David Kemp sold 14,883 shares of the stock in a transaction that occurred on Monday, June 12th. The stock was sold at an average price of GBX 135 ($1.70), for a total transaction of £20,092.05 ($25,327.18). In related news, insider David Kemp sold 14,883 shares of the stock in a transaction dated Monday, June 12th. The shares were sold at an average price of GBX 135 ($1.70), for a total transaction of £20,092.05 ($25,327.18). Also, insider Jacqui Ferguson bought 2,503 shares of the business’s stock in a transaction on Wednesday, June 28th. The stock was acquired at an average cost of GBX 131 ($1.65) per share, for a total transaction of £3,278.93 ($4,133.28). In the last 90 days, insiders have purchased 8,742 shares of company stock worth $1,184,963. 1.73% of the stock is currently owned by corporate insiders.

John Wood Group Company Profile

John Wood Group PLC, together with its subsidiaries, provides 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.