Babcock International Group (OTCMKTS:BCKIY) Upgraded to Hold at Zacks Investment Research

Zacks Investment Research upgraded shares of Babcock International Group (OTCMKTS:BCKIYGet Rating) from a sell rating to a hold rating in a report released 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 Babcock International Group stock opened at $3.88 on Monday. The company has a debt-to-equity ratio of 4.24, a current ratio of 0.87 and a quick ratio of 0.79. Babcock International Group has a fifty-two week low of $3.88 and a fifty-two week high of $4.89. The business has a 50-day moving average price of $4.05 and a 200 day moving average price of $4.05.

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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