Babcock International Group PLC (OTCMKTS:BCKIY – Get Free Report) saw a large decline in short interest in the month of February. As of February 28th, there was short interest totalling 25,300 shares, a decline of 43.4% from the February 13th total of 44,700 shares. Based on an average daily volume of 12,100 shares, the days-to-cover ratio is presently 2.1 days. Currently, 0.0% of the company’s shares are short sold.
Babcock International Group Stock Performance
OTCMKTS BCKIY opened at $9.85 on Friday. The company has a fifty day simple moving average of $7.55 and a 200 day simple moving average of $6.88. The company has a debt-to-equity ratio of 1.73, a current ratio of 0.89 and a quick ratio of 0.81. Babcock International Group has a 12-month low of $5.96 and a 12-month high of $10.23.
Analyst Upgrades and Downgrades
Separately, Berenberg Bank upgraded Babcock International Group from a “hold” rating to a “strong-buy” rating in a report on Monday.
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.
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