Babcock International Group (LON:BAB) Stock Price Passes Above 200-Day Moving Average of $489.35

Shares of Babcock International Group PLC (LON:BAB) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 489.35 ($6.21) and traded as high as GBX 550 ($6.98). Babcock International Group shares last traded at GBX 533 ($6.76), with a volume of 440,089 shares traded.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 625 ($7.93) target price on shares of Babcock International Group in a research note on Tuesday, May 7th. Six analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of GBX 559.80 ($7.10).

Babcock International Group Stock Up 0.9 %

The company has a current ratio of 0.89, a quick ratio of 0.76 and a debt-to-equity ratio of 258.85. The stock has a market cap of £2.69 billion, a P/E ratio of 8,833.33, a PEG ratio of 1.35 and a beta of 1.27. The company’s 50 day moving average price is GBX 531.26 and its two-hundred day moving average price is GBX 489.62.

Babcock International Group Company Profile

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.