Babcock International Group (OTCMKTS:BCKIY) Shares Gap Down – Here’s What Happened

Shares of Babcock International Group PLC (OTCMKTS:BCKIYGet Free Report) gapped down before the market opened on Monday . The stock had previously closed at $14.55, but opened at $13.84. Babcock International Group shares last traded at $13.96, with a volume of 842,565 shares.

Analyst Ratings Changes

Separately, Citigroup upgraded Babcock International Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 31st. One research analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Strong Buy”.

View Our Latest Stock Report on BCKIY

Babcock International Group Stock Down 4.0%

The company has a debt-to-equity ratio of 0.97, a current ratio of 0.82 and a quick ratio of 0.74. The stock has a fifty day moving average price of $17.19 and a two-hundred day moving average price of $17.36.

Babcock International Group Company Profile

(Get Free Report)

Babcock International Group plc is a leading global provider of critical, complex engineering support services. Headquartered in the United Kingdom, the company specializes in the design, construction, operation and maintenance of infrastructure and assets across defence, emergency services, transport, and energy sectors. Through a combination of technical expertise, asset management and specialist training, Babcock supports customers through the full lifecycle of their projects, from initial concept and procurement to long-term through-life support.

The company’s core activities encompass maritime and naval support, including the maintenance and refit of warships; aerospace services such as aircraft maintenance, repair and overhaul (MRO); and land-sector operations covering armoured vehicle support, munitions management and training solutions.

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