Babcock International Group (OTCMKTS:BCKIY) Hits New 12-Month Low – Here’s Why

Babcock International Group PLC (OTCMKTS:BCKIY – Get Free Report) shares hit a new 52-week low on Tuesday. The company traded as low as $11.97 and last traded at $11.97, with a volume of 12,914 shares trading hands. The stock had previously closed at $12.22.

Wall Street Analyst Weigh In

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

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Babcock International Group Stock Performance

The company has a 50 day moving average of $13.92 and a two-hundred day moving average of $14.45. The company has a quick ratio of 0.71, a current ratio of 0.80 and a debt-to-equity ratio of 1.16.

About Babcock International Group

(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.

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