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

Shares of Babcock International Group PLC (OTCMKTS:BCKIY) hit a new 52-week high on Friday . The stock traded as high as $10.33 and last traded at $10.30, with a volume of 9961 shares traded. The stock had previously closed at $9.85.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank raised shares of Babcock International Group from a “hold” rating to a “strong-buy” rating in a report on Monday.

Babcock International Group Price Performance

The stock’s 50 day moving average price is $7.55 and its 200 day moving average price is $6.88. The company has a current ratio of 0.89, a quick ratio of 0.81 and a debt-to-equity ratio of 1.73.

Babcock International Group Company Profile

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.