Babcock International Group (OTCMKTS:BCKIY) Sees Large Volume Increase – Still a Buy?

Babcock International Group PLC (OTCMKTS:BCKIY) saw unusually-strong trading volume on Thursday . Approximately 297,907 shares traded hands during trading, an increase of 275% from the previous session’s volume of 79,455 shares.The stock last traded at $19.86 and had previously closed at $20.37.

Babcock International Group Stock Up 0.2%

The company’s 50 day simple moving average is $17.25 and its 200 day simple moving average is $15.89. The company has a debt-to-equity ratio of 0.97, a current ratio of 0.82 and a quick ratio of 0.74.

About Babcock International Group

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.