Babcock International Group (OTCMKTS:BCKIY) Shares Gap Up – Here’s Why

Shares of Babcock International Group PLC (OTCMKTS:BCKIY – Get Free Report) gapped up prior to trading on Tuesday. The stock had previously closed at $12.6430, but opened at $13.32. Babcock International Group shares last traded at $13.36, with a volume of 363 shares changing hands.

Analyst Ratings Changes

A number of brokerages have recently issued reports on BCKIY. Barclays raised shares of Babcock International Group to a “strong-buy” rating in a research report on Monday, August 10th. The Goldman Sachs Group upgraded Babcock International Group to a “hold” rating in a report on Thursday, October 8th. Two investment analysts have rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Buy”.

View Our Latest Report on Babcock International Group

Babcock International Group Stock Up 0.1%

The company has a 50 day simple moving average of $13.43 and a 200 day simple moving average of $15.65. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.71 and a current ratio of 0.80.

About Babcock International Group

(Get Free Report)

Babcock International Group plc is a United Kingdom-based engineering and support-services company that works primarily with governments, defense organizations and other highly regulated customers. The company provides long-term services designed to help customers operate, maintain and modernize critical assets and infrastructure.

Its activities include naval and marine support, defense equipment maintenance, aviation services, military training, land systems support, nuclear engineering and infrastructure management.

See Also

Receive News & Ratings for Babcock International Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Babcock International Group and related companies with MarketBeat.com's FREE daily email newsletter.