Babcock International Group PLC (OTCMKTS:BCKIY) Short Interest Down 30.8% in January

Babcock International Group PLC (OTCMKTS:BCKIY) was the target of a significant drop in short interest in January. As of January 30th, there was short interest totaling 29,578 shares, a drop of 30.8% from the January 15th total of 42,766 shares. Based on an average daily trading volume, of 228,335 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 228,335 shares, the days-to-cover ratio is presently 0.1 days.

Babcock International Group Stock Up 0.6%

Shares of OTCMKTS BCKIY opened at $17.90 on Friday. The company has a quick ratio of 0.74, a current ratio of 0.82 and a debt-to-equity ratio of 0.97. Babcock International Group has a 1 year low of $7.60 and a 1 year high of $21.15. The stock’s 50-day simple moving average is $18.56 and its 200-day simple moving average is $16.40.

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 analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Buy”.

About Babcock International Group

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.