Babcock International Group (LON:BAB) Share Price Passes Above 200 Day Moving Average – Should You Sell?

Babcock International Group PLC (LON:BABGet Free Report)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 501.41 ($6.23) and traded as high as GBX 529.50 ($6.58). Babcock International Group shares last traded at GBX 529.50 ($6.58), with a volume of 548,153 shares trading hands.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on BAB. Berenberg Bank reissued a “hold” rating and set a GBX 565 ($7.02) target price on shares of Babcock International Group in a research note on Wednesday, November 13th. Shore Capital reissued a “buy” rating on shares of Babcock International Group in a research report on Wednesday, November 13th.

Check Out Our Latest Analysis on BAB

Babcock International Group Trading Up 1.2 %

The business has a fifty day moving average of GBX 505.37 and a 200-day moving average of GBX 501.41. The company has a debt-to-equity ratio of 245.75, a quick ratio of 0.76 and a current ratio of 0.86. The company has a market capitalization of £2.68 billion, a P/E ratio of 1,654.69, a PEG ratio of 1.35 and a beta of 1.28.

Babcock International Group (LON:BABGet Free Report) last released its quarterly earnings data on Monday, November 18th. The company reported GBX 23.50 ($0.29) earnings per share for the quarter. Babcock International Group had a net margin of 3.77% and a return on equity of 43.29%. Analysts anticipate that Babcock International Group PLC will post 41.4298019 earnings per share for the current fiscal year.

Babcock International Group Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, January 17th. Shareholders of record on Thursday, December 5th were paid a dividend of GBX 2 ($0.02) per share. The ex-dividend date of this dividend was Thursday, December 5th. This represents a yield of 0.4%. Babcock International Group’s dividend payout ratio (DPR) is currently 1,562.50%.

Babcock International Group Company Profile

(Get Free Report)

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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