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

Babcock International Group logo with Construction background

Babcock International Group PLC (OTCMKTS:BCKIY - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $13.23 and last traded at $13.03, with a volume of 14504 shares. The stock had previously closed at $12.74.

Wall Street Analyst Weigh In

Separately, Berenberg Bank upgraded shares of Babcock International Group from a "hold" rating to a "strong-buy" rating in a research note on Monday, March 10th.

Read Our Latest Research Report on Babcock International Group

Babcock International Group Trading Up 0.6%

The firm's 50-day simple moving average is $10.77 and its 200-day simple moving average is $8.54. The company has a quick ratio of 0.81, a current ratio of 0.89 and a debt-to-equity ratio of 1.73.

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.

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