John Wood Group (LON:WG) Shares Cross Below 200 Day Moving Average of $150.40

John Wood Group PLC (LON:WG) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 150.40 ($1.87) and traded as low as GBX 138.70 ($1.73). John Wood Group shares last traded at GBX 140 ($1.74), with a volume of 1,243,301 shares traded.

Analyst Ratings Changes

Separately, Berenberg Bank lowered their target price on shares of John Wood Group from GBX 180 ($2.24) to GBX 150 ($1.87) and set a “hold” rating on the stock in a report on Friday, April 5th.

John Wood Group Stock Up 0.3 %

The company has a debt-to-equity ratio of 41.96, a quick ratio of 0.75 and a current ratio of 0.91. The company has a market cap of £965.24 million, a price-to-earnings ratio of -933.33, a price-to-earnings-growth ratio of 0.33 and a beta of 1.55. The stock’s fifty day moving average is GBX 144.41 and its two-hundred day moving average is GBX 150.40.

Insider Buying and Selling at John Wood Group

In other news, insider Ken Gilmartin acquired 278,178 shares of the firm’s stock in a transaction on Wednesday, April 3rd. The stock was purchased at an average price of GBX 129 ($1.61) per share, for a total transaction of £358,849.62 ($446,719.31). Company insiders own 1.70% of the company’s stock.

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.