Babcock International Group PLC (OTCMKTS:BCKIY) Short Interest Down 47.9% in February

Babcock International Group PLC (OTCMKTS:BCKIY) was the recipient of a large decline in short interest in February. As of February 13th, there was short interest totaling 15,408 shares, a decline of 47.9% from the January 29th total of 29,578 shares. Based on an average daily volume of 47,535 shares, the short-interest ratio is presently 0.3 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 47,535 shares, the short-interest ratio is presently 0.3 days.

Babcock International Group Stock Performance

Babcock International Group stock opened at $18.55 on Friday. The firm has a 50 day simple moving average of $18.99 and a 200-day simple moving average of $16.74. The company has a debt-to-equity ratio of 0.97, a current ratio of 0.82 and a quick ratio of 0.74. Babcock International Group has a 1-year low of $7.97 and a 1-year high of $21.15.

Wall Street Analyst Weigh In

Separately, Citigroup cut Babcock International Group from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 5th. One research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, Babcock International Group presently 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.