Babcock International Group (LON:BAB) Stock Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Babcock International Group PLC (LON:BAB) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred 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 changing hands.

Wall Street Analyst Weigh In

BAB has been the subject of a number of research analyst reports. Shore Capital restated a “buy” rating on shares of Babcock International Group in a report on Wednesday, November 13th. Berenberg Bank reaffirmed a “hold” rating and issued a GBX 565 ($7.02) price target on shares of Babcock International Group in a report on Wednesday, November 13th.

Babcock International Group Stock Performance

The firm has a market capitalization of £2.68 billion, a PE ratio of 1,654.69, a P/E/G ratio of 1.35 and a beta of 1.28. The company has a debt-to-equity ratio of 245.75, a current ratio of 0.86 and a quick ratio of 0.76. The company’s fifty day simple moving average is GBX 505.37 and its 200 day simple moving average is GBX 501.41.

Babcock International Group (LON:BAB) last released its quarterly earnings data on Monday, November 18th. The company reported GBX 23.50 ($0.29) EPS for the quarter. Babcock International Group had a net margin of 3.77% and a return on equity of 43.29%. As a group, equities research analysts expect that Babcock International Group PLC will post 41.4298019 EPS for the current fiscal year.

Babcock International Group Cuts Dividend

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

About Babcock International Group

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.