Babcock International Group (OTCMKTS:BCKIY) Shares Climb 5.2% – Still a Buy?

Babcock International Group PLC (OTCMKTS:BCKIY) shares shot up 5.2% during mid-day trading on Monday. The stock traded as high as $13.35 and last traded at $13.35. 657 shares changed hands during trading, a decline of 98% from the average daily volume of 39,965 shares. The stock had previously closed at $12.69.

Wall Street Analyst Weigh In

Several research firms have commented on BCKIY. Barclays raised Babcock International Group to a “strong-buy” rating in a report on Monday, August 10th. The Goldman Sachs Group upgraded Babcock International Group to a “hold” rating in a research report on Thursday, October 8th. Two analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, Babcock International Group currently has an average rating of “Buy”.

Babcock International Group Price Performance

The company has a debt-to-equity ratio of 1.16, a current ratio of 0.80 and a quick ratio of 0.71. The firm has a 50-day moving average of $13.44 and a 200 day moving average of $14.27.

Babcock International Group Company Profile

Babcock International Group plc is a United Kingdom-based engineering and support-services company that works primarily with governments, defense organizations and other highly regulated customers. The company provides long-term services designed to help customers operate, maintain and modernize critical assets and infrastructure.

Its activities include naval and marine support, defense equipment maintenance, aviation services, military training, land systems support, nuclear engineering and infrastructure management.