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

Babcock International Group PLC (OTCMKTS:BCKIY) gapped down before the market opened on Tuesday . The stock had previously closed at $19.5960, but opened at $18.85. Babcock International Group shares last traded at $18.88, with a volume of 31,093 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Citigroup downgraded shares of Babcock International Group from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 5th. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Babcock International Group has a consensus rating of “Buy”.

Babcock International Group Price Performance

The company has a current ratio of 0.82, a quick ratio of 0.74 and a debt-to-equity ratio of 0.97. The stock’s 50-day moving average is $18.33 and its 200-day moving average is $16.31.

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.