Babcock International Group (OTCMKTS:BCKIY) Shares Gap Up – Still a Buy?

by · The Markets Daily

Babcock International Group PLC (OTCMKTS:BCKIY – Get Free Report) gapped up prior to trading on Friday. The stock had previously closed at $12.48, but opened at $13.07. Babcock International Group shares last traded at $13.07, with a volume of 312 shares trading hands.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on BCKIY shares. Barclays upgraded shares of Babcock International Group to a “strong-buy” rating in a research report on Monday, August 10th. The Goldman Sachs Group upgraded shares of Babcock International Group to a “hold” rating in a report on Thursday, October 8th. Two analysts have rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Babcock International Group has an average rating of “Buy”.

Get Our Latest Analysis on BCKIY

Babcock International Group Stock Performance

The company has a debt-to-equity ratio of 1.16, a current ratio of 0.80 and a quick ratio of 0.71. The stock has a 50 day moving average price of $13.85 and a two-hundred day moving average price of $14.42.

Babcock International Group Company Profile

(Get Free Report)

Babcock International Group plc is a United Kingdom-based engineering and support-services company that provides critical infrastructure, asset management and operational support for governments and commercial customers. Its activities span aerospace, defense, nuclear services, marine operations and emergency services, with a focus on managing complex, long-life assets and mission-critical programs.

The company supports naval fleets and submarines, military aircraft and land systems, and provides training, equipment maintenance, engineering and logistics services.

Featured Articles