John Wood Group (LON:WG) Trading Up 0.8% – Here’s What Happened

John Wood Group PLC (LON:WG) shares shot up 0.8% during trading on Friday . The stock traded as high as GBX 24.54 and last traded at GBX 24.20. 4,580,373 shares were traded during mid-day trading, an increase of 763% from the average session volume of 530,810 shares. The stock had previously closed at GBX 24.

Analyst Ratings Changes

Separately, Peel Hunt reiterated a “buy” rating and set a GBX 30 price objective on shares of John Wood Group in a research report on Tuesday, November 18th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, John Wood Group has an average rating of “Buy” and an average target price of GBX 30.

John Wood Group Trading Up 0.8%

The company has a debt-to-equity ratio of 66.97, a current ratio of 0.98 and a quick ratio of 0.75. The company has a market cap of £200.29 million, a PE ratio of -0.19, a PEG ratio of 0.33 and a beta of 1.36. The firm has a 50 day simple moving average of GBX 21.83.

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.