Babcock International Group (OTCMKTS:BCKIY) Shares Gap Up – Here’s Why

Babcock International Group PLC (OTCMKTS:BCKIY)’s stock price gapped up before the market opened on Thursday . The stock had previously closed at $12.93, but opened at $13.25. Babcock International Group shares last traded at $13.2550, with a volume of 751 shares traded.

Analyst Ratings Changes

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

Babcock International Group Stock Performance

The stock’s 50-day moving average price is $14.64 and its 200-day moving average price is $15.02. The company has a debt-to-equity ratio of 1.16, a current ratio of 0.80 and a quick ratio of 0.71.

Babcock International Group Company Profile

Babcock International Group plc is a United Kingdom-based engineering and support services company serving the aerospace, defence and critical infrastructure markets. The company helps customers design, operate, maintain and modernize complex assets and services, with an emphasis on long-term operational support rather than the manufacture of finished consumer products.

Babcock’s activities include naval ship support, submarine and maritime services, military vehicle and equipment maintenance, aircraft engineering and training, emergency services aviation, and nuclear infrastructure support.