Babcock International Group (OTCMKTS:BCKIY) Shares Gap Down – Here’s What Happened

Babcock International Group PLC (OTCMKTS:BCKIY) shares gapped down before the market opened on Friday. The stock had previously closed at $13.41, but opened at $12.6515. Babcock International Group shares last traded at $12.47, with a volume of 2,211 shares.

Analyst Ratings Changes

Separately, Barclays raised shares of Babcock International Group to a “strong-buy” rating in a report on Monday, August 10th. Two equities research analysts have rated the stock with a Strong Buy rating, According to MarketBeat.com, the stock currently has an average rating of “Strong Buy”.

Babcock International Group Stock Down 2.9%

The business has a 50-day moving average of $14.50 and a 200-day moving average of $14.78. The company has a debt-to-equity ratio of 1.16, a current ratio of 0.80 and a quick ratio of 0.71.

About Babcock International Group

Babcock International Group plc is a United Kingdom-based engineering and support-services company that provides critical infrastructure, asset management and operational support for governments and commercial customers. Its activities span aerospace, defense, nuclear services, marine operations and emergency services, with a focus on managing complex, long-life assets and mission-critical programs.

The company supports naval fleets and submarines, military aircraft and land systems, and provides training, equipment maintenance, engineering and logistics services.