Short Interest in Babcock International Group PLC (OTCMKTS:BCKIY) Declines By 43.4%

Babcock International Group PLC (OTCMKTS:BCKIYGet Free Report) was the target of a large drop in short interest during the month of February. As of February 28th, there was short interest totalling 25,300 shares, a drop of 43.4% from the February 13th total of 44,700 shares. Based on an average daily volume of 12,100 shares, the short-interest ratio is presently 2.1 days. Currently, 0.0% of the company’s stock are short sold.

Babcock International Group Price Performance

Shares of BCKIY opened at $10.30 on Friday. The business’s fifty day simple moving average is $7.63 and its two-hundred day simple moving average is $6.91. The company has a current ratio of 0.89, a quick ratio of 0.81 and a debt-to-equity ratio of 1.73. Babcock International Group has a 12 month low of $5.96 and a 12 month high of $10.33.

Analyst Upgrades and Downgrades

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

Read Our Latest Stock Report on Babcock International Group

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.

See Also

Receive News & Ratings for Babcock International Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Babcock International Group and related companies with MarketBeat.com's FREE daily email newsletter.