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.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank decreased their target price on 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 current ratio of 0.91, a quick ratio of 0.75 and a debt-to-equity ratio of 41.96. The firm has a market cap of £965.24 million, a price-to-earnings ratio of -933.33, a PEG ratio of 0.33 and a beta of 1.55. The firm has a 50-day moving average of GBX 144.41 and a two-hundred day moving average of GBX 150.40.

Insider Activity at John Wood Group

In other news, insider Ken Gilmartin purchased 3,812 shares of the stock in a transaction that occurred on Thursday, January 18th. The shares were purchased at an average cost of GBX 168 ($2.09) per share, for a total transaction of £6,404.16 ($7,972.31). Corporate insiders own 1.70% of the company’s stock.

About John Wood Group

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.