John Wood Group PLC (LON:WG) insider Jeremy Wilson purchased 10,000 shares of the business’s stock in a transaction on Thursday, August 29th. The shares were bought at an average cost of GBX 359 ($4.69) per share, with a total value of £35,900 ($46,909.71).
LON:WG traded up GBX 1.60 ($0.02) during midday trading on Friday, hitting GBX 413 ($5.40). The stock had a trading volume of 2,060,864 shares, compared to its average volume of 2,500,000. John Wood Group PLC has a one year low of GBX 353 ($4.61) and a one year high of GBX 801.20 ($10.47). The company has a market capitalization of $2.81 billion and a price-to-earnings ratio of 48.59. The stock has a 50-day moving average of GBX 453.95 and a 200 day moving average of GBX 476.64. The company has a quick ratio of 0.97, a current ratio of 1.06 and a debt-to-equity ratio of 82.06.
The business also recently announced a dividend, which will be paid on Thursday, September 26th. Shareholders of record on Thursday, August 29th will be issued a dividend of $0.11 per share. The ex-dividend date of this dividend is Thursday, August 29th. This represents a yield of 2.18%. John Wood Group’s dividend payout ratio is currently 3.29%.
Several brokerages have recently commented on WG. Berenberg Bank lowered their price objective on John Wood Group from GBX 590 ($7.71) to GBX 540 ($7.06) and set a “buy” rating on the stock in a research report on Thursday, August 29th. Jefferies Financial Group restated an “underperform” rating on shares of John Wood Group in a research report on Friday, August 16th. JPMorgan Chase & Co. decreased their target price on John Wood Group from GBX 760 ($9.93) to GBX 720 ($9.41) and set an “overweight” rating on the stock in a research report on Tuesday, July 23rd. UBS Group reiterated a “neutral” rating on shares of John Wood Group in a research report on Friday, August 16th. Finally, Royal Bank of Canada reiterated an “outperform” rating on shares of John Wood Group in a research report on Thursday. Three investment analysts have rated the stock with a sell rating, two have given a hold rating and five have given a buy rating to the stock. John Wood Group presently has an average rating of “Hold” and a consensus price target of GBX 632 ($8.26).
John Wood Group Company Profile
John Wood Group PLC, together with its subsidiaries, provides project, engineering, and technical services in energy, industry, and built environment worldwide. It operates through five segments: Asset Solutions Europe, Africa, Asia, Australia; Assets Solutions Americas; Specialist Technical Solutions; Environment and Infrastructure Solutions; and Investment Services.
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