Shares of Bristow Group Inc. (NYSE:VTOL – Get Rating) gapped up before the market opened on Friday . The stock had previously closed at $23.44, but opened at $24.00. Bristow Group shares last traded at $24.00, with a volume of 13,942 shares changing hands.
Bristow Group Price Performance
The company has a debt-to-equity ratio of 0.64, a current ratio of 1.73 and a quick ratio of 1.51. The company has a market cap of $655.39 million, a PE ratio of 73.10 and a beta of 1.40. The company has a 50-day moving average price of $28.11 and a two-hundred day moving average price of $26.98.
Institutional Investors Weigh In On Bristow Group
Hedge funds and other institutional investors have recently bought and sold shares of the business. Western Standard LLC lifted its holdings in Bristow Group by 24.4% during the 4th quarter. Western Standard LLC now owns 242,134 shares of the company’s stock worth $6,569,000 after buying an additional 47,487 shares during the last quarter. State of Tennessee Treasury Department lifted its stake in Bristow Group by 7.8% during the fourth quarter. State of Tennessee Treasury Department now owns 23,429 shares of the company’s stock worth $635,000 after purchasing an additional 1,696 shares during the last quarter. State of Wisconsin Investment Board boosted its holdings in Bristow Group by 7.2% in the fourth quarter. State of Wisconsin Investment Board now owns 27,267 shares of the company’s stock worth $740,000 after purchasing an additional 1,833 shares during the period. Legal & General Group Plc boosted its holdings in Bristow Group by 3.5% in the fourth quarter. Legal & General Group Plc now owns 52,145 shares of the company’s stock worth $1,415,000 after purchasing an additional 1,750 shares during the period. Finally, Millennium Management LLC increased its stake in Bristow Group by 23.5% during the fourth quarter. Millennium Management LLC now owns 27,499 shares of the company’s stock valued at $746,000 after purchasing an additional 5,234 shares during the last quarter. 95.30% of the stock is currently owned by hedge funds and other institutional investors.
About Bristow Group
Bristow Group, Inc provides offshore oil and gas transportation, and search and rescue and aircraft support services to government and civil organizations. The company’s services include global SAR, helicopter sales, maintenance and modifications, training, oil & gas, and unmanned aircraft system solutions.
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