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 150.25 ($1.86) and traded as low as GBX 147.80 ($1.83). John Wood Group shares last traded at GBX 152.20 ($1.88), with a volume of 779,595 shares traded.
Analyst Ratings Changes
Separately, Berenberg Bank lowered their price objective on John Wood Group from GBX 180 ($2.22) to GBX 150 ($1.85) and set a “hold” rating for the company in a research report on Friday, April 5th.
Get Our Latest Stock Analysis on WG
John Wood Group Stock Performance
Insider Buying and Selling at John Wood Group
In related news, insider Ken Gilmartin purchased 278,178 shares of the business’s stock in a transaction on Wednesday, April 3rd. The stock was acquired at an average price of GBX 129 ($1.59) per share, for a total transaction of £358,849.62 ($443,243.11). Company insiders own 1.70% 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.
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