Babcock International Group (LON:BAB) Trading Down 1% – Should You Sell?

Shares of Babcock International Group PLC (LON:BAB) fell 1% on Thursday . The stock traded as low as GBX 497.60 ($6.31) and last traded at GBX 497.60 ($6.31). 869,681 shares changed hands during mid-day trading, a decline of 36% from the average session volume of 1,363,243 shares. The stock had previously closed at GBX 502.50 ($6.37).

Analyst Ratings Changes

Several equities analysts have commented on BAB shares. Berenberg Bank reissued a “hold” rating and set a GBX 565 ($7.16) price objective on shares of Babcock International Group in a research report on Wednesday, November 13th. Shore Capital reissued a “buy” rating on shares of Babcock International Group in a research report on Wednesday, November 13th. Finally, Bank of America restated a “buy” rating and issued a GBX 660 ($8.37) price objective on shares of Babcock International Group in a report on Monday, September 2nd.

Babcock International Group Stock Down 1.0 %

The company has a quick ratio of 0.76, a current ratio of 0.86 and a debt-to-equity ratio of 245.75. The company has a fifty day simple moving average of GBX 495.24 and a 200 day simple moving average of GBX 510.14. The firm has a market capitalization of £2.52 billion, a P/E ratio of 1,555.00, a P/E/G ratio of 1.35 and a beta of 1.28.

Babcock International Group Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, January 17th. Investors of record on Thursday, December 5th will be paid a GBX 2 ($0.03) dividend. This represents a yield of 0.4%. The ex-dividend date is Thursday, December 5th. Babcock International Group’s payout ratio is 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.