Babcock & Wilcox Enterprises (NYSE:BW) Issues Earnings Results

Babcock & Wilcox Enterprises (NYSE:BW) released its earnings results on Monday. The technology company reported ($0.47) EPS for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.42), Zacks reports.

Babcock & Wilcox Enterprises Price Performance

NYSE BW traded down $0.03 during mid-day trading on Monday, hitting $0.68. The stock had a trading volume of 1,074,453 shares, compared to its average volume of 1,236,040. The stock has a market capitalization of $63.76 million, a price-to-earnings ratio of -0.81 and a beta of 1.84. Babcock & Wilcox Enterprises has a twelve month low of $0.64 and a twelve month high of $2.99. The firm’s 50 day moving average is $1.17 and its 200 day moving average is $1.68.

Analyst Ratings Changes

Separately, StockNews.com raised shares of Babcock & Wilcox Enterprises from a “sell” rating to a “hold” rating in a report on Thursday, March 20th.

About Babcock & Wilcox Enterprises

Babcock & Wilcox Enterprises, Inc engages in the provision of fossil and renewable power generation and environmental equipment. It operates through the following segments: B&W Renewable, B&W Environmental, and B&W Thermal. The B&W Renewable segment supports a circular economy, diverting waste from landfills to use for power generation and replacing fossil fuels, while recovering metals and reducing emissions.