John Wood Group (LON:WG) Stock Passes Below 200 Day Moving Average – Should You Sell?

John Wood Group PLC (LON:WG) shares crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 66.57 ($0.88) and traded as low as GBX 25.76 ($0.34). John Wood Group shares last traded at GBX 26.10 ($0.35), with a volume of 30,058,663 shares changing hands.

John Wood Group Stock Performance

The business’s 50-day simple moving average is GBX 37.83 and its two-hundred day simple moving average is GBX 66.57. The company has a quick ratio of 0.75, a current ratio of 0.98 and a debt-to-equity ratio of 66.97. The firm has a market cap of £186.71 million, a price-to-earnings ratio of -0.18, a P/E/G ratio of 0.33 and a beta of 1.36.

Insider Buying and Selling

In related news, insider Ken Gilmartin acquired 15,249 shares of John Wood Group stock in a transaction on Thursday, March 20th. The stock was bought at an average cost of GBX 44 ($0.58) per share, for a total transaction of £6,709.56 ($8,879.78). In the last 90 days, insiders acquired 52,005 shares of company stock valued at $2,002,056. 1.81% of the stock is owned by company insiders.

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.