Insider Buying: John Wood Group PLC (LON:WG) Insider Purchases 4,986 Shares of Stock

John Wood Group PLC (LON:WG) insider Ken Gilmartin purchased 4,986 shares of the company’s stock in a transaction dated Thursday, October 17th. The stock was bought at an average cost of GBX 134 ($1.75) per share, for a total transaction of £6,681.24 ($8,724.52).

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

• On Thursday, September 19th, Ken Gilmartin bought 5,114 shares of John Wood Group stock. The stock was bought at an average price of GBX 131 ($1.71) per share, for a total transaction of £6,699.34 ($8,748.16).
• On Thursday, August 15th, Ken Gilmartin acquired 5,041 shares of John Wood Group stock. The shares were bought at an average price of GBX 132 ($1.72) per share, for a total transaction of £6,654.12 ($8,689.11).

John Wood Group Stock Up 5.0 %

Shares of LON:WG traded up GBX 6.40 ($0.08) during trading on Friday, hitting GBX 133.90 ($1.75). 2,754,268 shares of the stock traded hands, compared to its average volume of 530,810. The company has a debt-to-equity ratio of 66.76, a quick ratio of 0.75 and a current ratio of 0.98. The business’s 50-day simple moving average is GBX 128.88 and its two-hundred day simple moving average is GBX 161.39. The stock has a market capitalization of £920.55 million, a P/E ratio of -113.47, a price-to-earnings-growth ratio of 0.33 and a beta of 1.36.

Wall Street Analyst Weigh In

WG has been the topic of a number of research reports. Berenberg Bank reaffirmed a “hold” rating and set a GBX 150 ($1.96) target price on shares of John Wood Group in a research report on Friday, August 23rd. Canaccord Genuity Group restated a “buy” rating and issued a GBX 250 ($3.26) price target on shares of John Wood Group in a report on Tuesday, October 8th.

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.