Steel Partners Holdings L.P. Buys 41,456 Shares of Babcock & Wilcox Enterprises Inc (BW) Stock
Babcock & Wilcox Enterprises Inc (NYSE:BW) major shareholder Steel Partners Holdings L.P. bought 41,456 shares of the stock in a transaction that occurred on Monday, February 12th. The stock was bought at an average price of $5.90 per share, with a total value of $244,590.40. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.
Steel Partners Holdings L.P. also recently made the following trade(s):
- On Thursday, February 8th, Steel Partners Holdings L.P. bought 100,000 shares of Babcock & Wilcox Enterprises stock. The stock was bought at an average price of $5.60 per share, with a total value of $560,000.00.
Shares of Babcock & Wilcox Enterprises Inc (NYSE BW) opened at $6.88 on Thursday. The company has a quick ratio of 1.03, a current ratio of 1.17 and a debt-to-equity ratio of 0.67. Babcock & Wilcox Enterprises Inc has a 12 month low of $1.61 and a 12 month high of $17.31.
Separately, Zacks Investment Research cut shares of Babcock & Wilcox Enterprises from a “hold” rating to a “sell” rating in a research note on Tuesday, January 30th. Two research analysts have rated the stock with a sell rating and five have assigned a hold rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $7.18.
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Babcock & Wilcox Enterprises Company Profile
Babcock & Wilcox Enterprises, Inc is a technology-based provider of fossil and renewable power generation and environmental equipment that includes a suite of boiler products and environmental systems, and services for power and industrial uses. The Company operates in three segments: Power, Renewable and Industrial.
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