Bradken Limited Given “Hold” Rating at Deutsche Bank (BKN)
Shares of Bradken Limited (ASX:BKN) traded up 1.10% during mid-day trading on Tuesday, hitting A$3.660. The stock had a trading volume of 2,514,017 shares. Bradken Limited has a 1-year low of A$3.505 and a 1-year high of A$6.830. The stock’s 50-day moving average is A$4.28 and its 200-day moving average is A$4.95. The company has a market cap of A$619.5 million and a price-to-earnings ratio of 10.65.
BKN has been the subject of a number of other recent research reports. Analysts at Morningstar reiterated a “hold” rating on shares of Bradken Limited in a research note on Sunday, March 23rd.
Bradken Limited is engaged in the supply and service of wear components for mining and earthmoving equipment; supply of equipment and consumables to the mineral processing, quarrying and power markets; supply of cast, machined and fabricated components and engineered steel castings to the energy, industrial and rail transport industries; manufacture and maintenance of freight rollingstock products, and supply of foundry consumables to the foundry and steelmaking industries.
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