Babcock International Group (LON:BAB) Shares Cross Above 200-Day Moving Average – Time to Sell?

Babcock International Group PLC (LON:BAB) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 501.41 ($6.21) and traded as high as GBX 529.50 ($6.56). Babcock International Group shares last traded at GBX 529.50 ($6.56), with a volume of 548,153 shares changing hands.

Analyst Ratings Changes

BAB has been the subject of a number of research reports. Shore Capital reaffirmed a “buy” rating on shares of Babcock International Group in a research report on Wednesday, November 13th. Berenberg Bank reaffirmed a “hold” rating and set a GBX 565 ($7.00) target price on shares of Babcock International Group in a report on Wednesday, November 13th.

Babcock International Group Price Performance

The firm has a 50-day simple moving average of GBX 505.65 and a two-hundred day simple moving average of GBX 501.68. The company has a market capitalization of £2.73 billion, a price-to-earnings ratio of 1,685.98, a P/E/G ratio of 1.35 and a beta of 1.28. The company has a current ratio of 0.86, a quick ratio of 0.76 and a debt-to-equity ratio of 245.75.

Babcock International Group (LON:BAB) last posted its earnings results on Monday, November 18th. The company reported GBX 23.50 ($0.29) EPS for the quarter. Babcock International Group had a return on equity of 43.29% and a net margin of 3.77%. As a group, analysts predict that Babcock International Group PLC will post 41.4298019 earnings per share for the current fiscal year.

Babcock International Group Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, January 17th. Investors of record on Thursday, December 5th were paid a GBX 2 ($0.02) dividend. This represents a dividend yield of 0.4%. The ex-dividend date of this dividend was Thursday, December 5th. Babcock International Group’s dividend payout ratio is currently 1,562.50%.

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.