Babcock International Group (OTCMKTS:BCKIY) Sets New 1-Year High – Here’s What Happened

Babcock International Group PLC (OTCMKTS:BCKIY)’s share price reached a new 52-week high during trading on Monday . The company traded as high as $17.64 and last traded at $17.58, with a volume of 1494 shares changing hands. The stock had previously closed at $17.32.

Wall Street Analyst Weigh In

Separately, Royal Bank Of Canada raised Babcock International Group to a “moderate buy” rating in a report on Monday, August 18th. One equities research analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, Babcock International Group has an average rating of “Strong Buy”.

Babcock International Group Price Performance

The business has a 50-day moving average price of $14.41 and a two-hundred day moving average price of $12.99. The company has a debt-to-equity ratio of 1.57, a current ratio of 0.90 and a quick ratio of 0.81.

Babcock International Group Increases Dividend

The company also recently declared a dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Monday, August 25th will be given a $0.0487 dividend. This is an increase from Babcock International Group’s previous dividend of $0.03. This represents a dividend yield of 51.0%. The ex-dividend date is Friday, August 22nd.

About Babcock International Group

Babcock International Group PLC, together with its subsidiaries, provides value-add services for aerospace, defense, and security in the United Kingdom, rest of Europe, Africa, North America, Australasia, and internationally. The company operates through four segments: Marine, Nuclear, Land, and Aviation.