Balfour Beatty (BAFYY) Lifted to “Hold” at Zacks Investment Research

Balfour Beatty (OTCMKTS:BAFYY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report released on Thursday.

According to Zacks, “Balfour Beatty plc is an infrastructure services company. Its operating segment consists of Construction Services, Support Services and Infrastructure Investments. Construction Services segment provides physical construction of an asset. Support Services segment engages in the support existing assets or functions such as asset maintenance and refurbishment. Infrastructure Investments segment involves in acquisition, operation and disposal of infrastructure assets such as PPP concessions, student accommodation and airports. Balfour Beatty plc is headquartered in London, the United Kingdom. “

Balfour Beatty (OTCMKTS:BAFYY) traded up $0.05 during trading hours on Thursday, hitting $8.44. The stock had a trading volume of 36,158 shares, compared to its average volume of 9,745. Balfour Beatty has a 12 month low of $6.44 and a 12 month high of $8.50. The company has a quick ratio of 0.89, a current ratio of 0.93 and a debt-to-equity ratio of 1.16.

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