Babcock International Group (OTCMKTS:BCKIY) Shares Gap Up – Time to Buy?

Shares of Babcock International Group PLC (OTCMKTS:BCKIY) gapped up before the market opened on Tuesday. The stock had previously closed at $12.6430, but opened at $13.32. Babcock International Group shares last traded at $13.36, with a volume of 363 shares.

Analyst Ratings Changes

A number of equities analysts have commented on BCKIY shares. The Goldman Sachs Group upgraded shares of Babcock International Group to a “hold” rating in a research report on Thursday, October 8th. Barclays raised Babcock International Group to a “strong-buy” rating in a report on Monday, August 10th. Two research analysts have rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy”.

Babcock International Group Trading Up 1.4%

The company has a quick ratio of 0.71, a current ratio of 0.80 and a debt-to-equity ratio of 1.16. The business has a fifty day moving average price of $13.34 and a 200 day moving average price of $15.59.

About Babcock International Group

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.