Babcock International Group (OTCMKTS:BCKIY) Cut to Sell at Zacks Investment Research

Babcock International Group (OTCMKTS:BCKIYGet Rating) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued to investors on Monday, Zacks.com reports.

According to Zacks, “Babcock International Group PLC offers engineering support services to the defense, energy, emergency services, transport and education sectors. The Company’s operating segment consists of Marine and Technology, Defence and Security, Support Services and International. Marine and Technology segment offers engineering support services to the Royal Navy. Defence and Security segment provides to the United Kingdom’s armed forces, delivering technical training and asset management. Support Services segment manages assets, delivers programs and teaches vital skills for civil Governments and blue-chip commercial organizations. Mission Critical Services business is a provider of helicopter and fixed-wing emergency services and crew change services for oil and gas operators primarily in Europe and Australia. Babcock International Group PLC is headquartered in London, the United Kingdom. “

Shares of BCKIY remained flat at $$3.88 during mid-day trading on Monday. Babcock International Group has a 12 month low of $3.88 and a 12 month high of $4.89. The company has a 50-day moving average price of $4.07 and a 200-day moving average price of $4.06. The company has a quick ratio of 0.79, a current ratio of 0.87 and a debt-to-equity ratio of 4.24.

Babcock International Group Company Profile (Get Rating)

Babcock International Group PLC, together with its subsidiaries, provides value-add services for aerospace, defense, and security in the United Kingdom, rest of Europe, Africa, North America, Australasia, and internationally. The company operates through four segments: Marine, Nuclear, Land, and Aviation.

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