John Wood Group (LON:WG) Stock Passes Below Two Hundred Day Moving Average After Insider Selling

John Wood Group PLC (LON:WG)’s share price crossed below its 200-day moving average during trading on Thursday after an insider sold shares in the company. The stock has a 200-day moving average of GBX 61.40 ($0.82) and traded as low as GBX 19.47 ($0.26). John Wood Group shares last traded at GBX 19.47 ($0.26), with a volume of 12,289,152 shares changing hands.

Specifically, insider Ken Gilmartin sold 12,792 shares of the company’s stock in a transaction dated Tuesday, April 22nd. The stock was sold at an average price of GBX 20 ($0.27), for a total transaction of £2,558.40 ($3,406.66).

John Wood Group Price Performance

The company has a debt-to-equity ratio of 66.97, a current ratio of 0.98 and a quick ratio of 0.75. The company has a fifty day moving average of GBX 31.79 and a 200-day moving average of GBX 61.10. The firm has a market cap of £143.02 million, a P/E ratio of -0.14, a P/E/G ratio of 0.33 and a beta of 1.36.

John Wood Group Company Profile

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.