Insider Buying: John Wood Group PLC (LON:WG) Insider Buys £6,674.80 in Stock

John Wood Group PLC (LON:WG) insider Ken Gilmartin purchased 3,256 shares of the firm’s stock in a transaction on Thursday, July 18th. The stock was bought at an average cost of GBX 205 ($2.66) per share, with a total value of £6,674.80 ($8,656.21).

Ken Gilmartin also recently made the following trade(s):

• On Thursday, May 16th, Ken Gilmartin bought 3,522 shares of John Wood Group stock. The shares were purchased at an average cost of GBX 190 ($2.46) per share, with a total value of £6,691.80 ($8,678.25).

John Wood Group Stock Performance

LON WG opened at GBX 206.60 ($2.68) on Monday. John Wood Group PLC has a fifty-two week low of GBX 117.67 ($1.53) and a fifty-two week high of GBX 211.80 ($2.75). The company has a debt-to-equity ratio of 41.96, a quick ratio of 0.75 and a current ratio of 0.91. The firm has a market capitalization of £1.42 billion, a P/E ratio of -1,377.33, a PEG ratio of 0.33 and a beta of 1.51. The stock has a 50-day simple moving average of GBX 195.06 and a two-hundred day simple moving average of GBX 166.61.

Wall Street Analyst Weigh In

Separately, Berenberg Bank cut their price target on shares of John Wood Group from GBX 180 ($2.33) to GBX 150 ($1.95) and set a “hold” rating on the stock in a report on Friday, April 5th.

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.