Babcock International Group PLC (OTCMKTS:BCKIY) Stock Short Interest Climbs 92.3%

Babcock International Group PLC (OTCMKTS:BCKIY) was the target of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 57,337 shares, a growth of 92.3% from the September 30th total of 29,809 shares. Based on an average daily trading volume, of 47,401 shares, the short-interest ratio is presently 1.2 days. Approximately 0.0% of the company’s stock are short sold.

Babcock International Group Stock Performance

Babcock International Group stock opened at $13.71 on Friday. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.71 and a current ratio of 0.80. The stock’s 50 day moving average is $13.28 and its 200 day moving average is $15.53. Babcock International Group has a twelve month low of $11.92 and a twelve month high of $21.15.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the company. The Goldman Sachs Group upgraded Babcock International Group to a “hold” rating in a report on Thursday, October 8th. Barclays upgraded Babcock International Group to a “strong-buy” rating in a research report on Monday, August 10th. Two investment analysts have rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Buy”.

Babcock International Group Company Profile

Babcock International Group plc is a United Kingdom-based engineering and support-services company that works primarily with governments, defense organizations and other highly regulated customers. The company provides long-term services designed to help customers operate, maintain and modernize critical assets and infrastructure.

Its activities include naval and marine support, defense equipment maintenance, aviation services, military training, land systems support, nuclear engineering and infrastructure management.