Babcock International Group (OTCMKTS:BCKIY) Downgraded by Citigroup to “Hold”

Babcock International Group (OTCMKTS:BCKIY) was downgraded by equities research analysts at Citigroup from a “strong-buy” rating to a “hold” rating in a research note issued to investors on Thursday,Zacks.com reports.

Babcock International Group Stock Performance

BCKIY stock opened at $18.84 on Thursday. The company’s 50-day moving average is $18.16 and its 200-day moving average is $16.22. The company has a debt-to-equity ratio of 0.97, a current ratio of 0.82 and a quick ratio of 0.74. Babcock International Group has a 1 year low of $7.09 and a 1 year high of $21.15.

Babcock International Group Company Profile

Babcock International Group plc is a leading global provider of critical, complex engineering support services. Headquartered in the United Kingdom, the company specializes in the design, construction, operation and maintenance of infrastructure and assets across defence, emergency services, transport, and energy sectors. Through a combination of technical expertise, asset management and specialist training, Babcock supports customers through the full lifecycle of their projects, from initial concept and procurement to long-term through-life support.

The company’s core activities encompass maritime and naval support, including the maintenance and refit of warships; aerospace services such as aircraft maintenance, repair and overhaul (MRO); and land-sector operations covering armoured vehicle support, munitions management and training solutions.