Shares of Babcock International Group PLC (LON:BAB - Get Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 787.04 ($10.69) and traded as high as GBX 1,073 ($14.58). Babcock International Group shares last traded at GBX 1,069 ($14.52), with a volume of 1,362,145 shares.
Analyst Upgrades and Downgrades
BAB has been the subject of several analyst reports. Berenberg Bank increased their price objective on Babcock International Group from GBX 910 ($12.36) to GBX 1,350 ($18.34) and gave the stock a "buy" rating in a research note on Thursday, June 26th. Shore Capital reissued a "buy" rating on shares of Babcock International Group in a research note on Thursday, May 29th.
Read Our Latest Report on BAB
Babcock International Group Trading Up 1.5%
The company has a quick ratio of 0.76, a current ratio of 0.86 and a debt-to-equity ratio of 256.62. The stock has a market capitalization of £5.32 billion, a PE ratio of 32.07, a P/E/G ratio of 1.35 and a beta of 1.28. The firm has a 50 day moving average price of GBX 1,029.41 and a 200 day moving average price of GBX 794.56.
Babcock International Group (LON:BAB - Get Free Report) last issued its quarterly earnings results on Wednesday, June 25th. The company reported GBX 50.30 ($0.68) EPS for the quarter. Babcock International Group had a return on equity of 44.68% and a net margin of 3.77%. Equities analysts expect that Babcock International Group PLC will post 41.4298019 EPS for the current fiscal year.
About Babcock International Group
(
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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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