Babcock International Group PLC (OTCMKTS:BCKIY) Sees Large Decrease in Short Interest

Babcock International Group PLC (OTCMKTS:BCKIY) was the recipient of a significant drop in short interest during the month of January. As of January 30th, there was short interest totaling 29,578 shares, a drop of 30.8% from the January 15th total of 42,766 shares. Based on an average trading volume of 228,335 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are sold short. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 228,335 shares, the short-interest ratio is currently 0.1 days.

Babcock International Group Trading Up 0.6%

BCKIY stock opened at $17.90 on Friday. The firm’s 50-day simple moving average is $18.56 and its 200 day simple moving average is $16.40. Babcock International Group has a fifty-two week low of $7.60 and a fifty-two week high of $21.15. The company has a quick ratio of 0.74, a current ratio of 0.82 and a debt-to-equity ratio of 0.97.

Analyst Ratings Changes

Separately, Citigroup lowered Babcock International Group from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, Babcock International Group currently has an average rating of “Buy”.

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.