Babcock International Group (OTCMKTS:BCKIY) Stock Crosses Below 50-Day Moving Average – Here’s Why

Babcock International Group PLC (OTCMKTS:BCKIYGet Free Report) passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $16.27 and traded as low as $14.56. Babcock International Group shares last traded at $14.72, with a volume of 14,528 shares trading hands.

Wall Street Analyst Weigh In

Separately, Royal Bank Of Canada upgraded shares of Babcock International Group to a “moderate buy” rating in a report on Monday, August 18th. One equities research analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat, the company has a consensus rating of “Strong Buy”.

Get Our Latest Analysis on Babcock International Group

Babcock International Group Price Performance

The company has a debt-to-equity ratio of 1.57, a quick ratio of 0.81 and a current ratio of 0.90. The business’s 50-day moving average is $16.27 and its 200-day moving average is $14.66.

About Babcock International Group

(Get Free Report)

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.

Further Reading

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