Babcock International Group (OTCMKTS:BCKIY) Sets New 52-Week Low – What’s Next?

Babcock International Group PLC (OTCMKTS:BCKIY)’s stock price reached a new 52-week low on Tuesday. The stock traded as low as $12.04 and last traded at $12.09, with a volume of 4109 shares changing hands. The stock had previously closed at $12.55.

Analysts Set New Price Targets

Separately, Barclays raised shares of Babcock International Group to a “strong-buy” rating in a research report on Monday, August 10th. Two equities research analysts have rated the stock with a Strong Buy rating, According to data from MarketBeat, Babcock International Group currently has a consensus rating of “Strong Buy”.

Babcock International Group Price Performance

The business has a 50 day moving average of $14.41 and a two-hundred day moving average of $14.70. 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

Babcock International Group plc is a United Kingdom-based engineering and support-services company that provides critical infrastructure, asset management and operational support for governments and commercial customers. Its activities span aerospace, defense, nuclear services, marine operations and emergency services, with a focus on managing complex, long-life assets and mission-critical programs.

The company supports naval fleets and submarines, military aircraft and land systems, and provides training, equipment maintenance, engineering and logistics services.