Babcock International Group PLC (OTCMKTS:BCKIY) Sees Large Decline in Short Interest

Babcock International Group PLC (OTCMKTS:BCKIY) was the target of a significant decrease in short interest during the month of February. As of February 13th, there was short interest totaling 15,408 shares, a decrease of 47.9% from the January 29th total of 29,578 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 47,535 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily volume of 47,535 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the company’s shares are short sold.

Wall Street Analysts Forecast Growth

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

Babcock International Group Stock Up 0.1%

Shares of BCKIY traded up $0.03 during trading hours on Friday, reaching $18.58. The stock had a trading volume of 8,343 shares, compared to its average volume of 24,491. Babcock International Group has a 52 week low of $7.97 and a 52 week high of $21.15. The company has a debt-to-equity ratio of 0.97, a current ratio of 0.82 and a quick ratio of 0.74. The firm has a 50-day moving average of $19.02 and a 200 day moving average of $16.81.

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.