Babcock International Group (OTCMKTS:BCKIY) Shares Gap Up – Still a Buy?

Babcock International Group PLC (OTCMKTS:BCKIY) gapped up before the market opened on Friday. The stock had previously closed at $12.48, but opened at $13.07. Babcock International Group shares last traded at $13.07, with a volume of 312 shares traded.

Wall Street Analysts Forecast Growth

BCKIY has been the subject of several research reports. The Goldman Sachs Group upgraded shares of Babcock International Group to a “hold” rating in a research report on Thursday, October 8th. Barclays raised shares of Babcock International Group to a “strong-buy” rating in a research note on Monday, August 10th. Two equities research analysts have rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy”.

Babcock International Group Stock Up 4.8%

The company has a debt-to-equity ratio of 1.16, a current ratio of 0.80 and a quick ratio of 0.71. The company has a 50 day moving average price of $13.85 and a 200 day moving average price of $14.42.

Babcock International Group Company Profile

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.