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Babcock International Group (OTCMKTS:BCKIY) Shares Down 4.5% - Here's What Happened

Babcock International Group logo with Construction background

Shares of Babcock International Group PLC (OTCMKTS:BCKIY - Get Free Report) were down 4.5% during trading on Wednesday . The stock traded as low as $14.81 and last traded at $14.85. Approximately 7,618 shares traded hands during mid-day trading, a decline of 67% from the average daily volume of 23,362 shares. The stock had previously closed at $15.55.

Wall Street Analyst Weigh In

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

Check Out Our Latest Stock Report on BCKIY

Babcock International Group Stock Performance

The stock has a 50 day simple moving average of $13.26 and a two-hundred day simple moving average of $9.88.

Babcock International Group Company Profile

(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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