Babcock International Group PLC (OTCMKTS:BCKIY – Get Free Report) saw a significant increase in short interest in March. As of March 15th, there was short interest totalling 30,900 shares, an increase of 22.1% from the February 28th total of 25,300 shares. Based on an average daily volume of 67,400 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.0% of the company’s stock are short sold.
Babcock International Group Stock Performance
BCKIY opened at $9.43 on Wednesday. The firm’s 50 day moving average is $8.48 and its 200-day moving average is $7.21. The company has a current ratio of 0.89, a quick ratio of 0.81 and a debt-to-equity ratio of 1.73. Babcock International Group has a 52-week low of $5.96 and a 52-week high of $10.35.
Analyst Ratings Changes
Separately, Berenberg Bank upgraded Babcock International Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, March 10th.
About Babcock International Group
Babcock International Group PLC, together with its subsidiaries, provides value-add services for aerospace, defense, and security in the United Kingdom, rest of Europe, Africa, North America, Australasia, and internationally. The company operates through four segments: Marine, Nuclear, Land, and Aviation.
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