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

John Wood Group PLC (LON:WG)’s stock price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 81.07 ($1.05) and traded as low as GBX 39.90 ($0.52). John Wood Group shares last traded at GBX 42.12 ($0.55), with a volume of 12,249,060 shares changing hands.

John Wood Group Stock Up 1.3 %

The company has a current ratio of 0.98, a quick ratio of 0.75 and a debt-to-equity ratio of 66.97. The stock has a market capitalization of £368.96 million, a PE ratio of -0.35, a P/E/G ratio of 0.33 and a beta of 1.36. The stock’s fifty day simple moving average is GBX 52.68 and its 200-day simple moving average is GBX 80.44.

Insiders Place Their Bets

In other news, insider Ken Gilmartin acquired 10,305 shares of the stock in a transaction that occurred on Thursday, January 16th. The shares were acquired at an average cost of GBX 65 ($0.84) per share, for a total transaction of £6,698.25 ($8,685.49). Insiders own 1.81% of the company’s stock.

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.