Babcock International Group PLC (LON:BAB) insider Myles Lee acquired 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, June 5th. The stock was acquired at an average price of GBX 481 ($6.29) per share, with a total value of £24,050 ($31,425.58).
Shares of LON:BAB traded down GBX 5.10 ($0.07) on Friday, reaching GBX 458.20 ($5.99). 2,424,874 shares of the company were exchanged, compared to its average volume of 2,170,000. The company has a current ratio of 0.94, a quick ratio of 0.72 and a debt-to-equity ratio of 48.99. Babcock International Group PLC has a 1-year low of GBX 410.10 ($5.36) and a 1-year high of GBX 813.60 ($10.63). The company has a market capitalization of $2.32 billion and a price-to-earnings ratio of 11.63. The stock’s 50-day simple moving average is GBX 477.99.
The business also recently declared a dividend, which will be paid on Friday, August 9th. Stockholders of record on Thursday, July 4th will be paid a dividend of GBX 22.90 ($0.30) per share. The ex-dividend date of this dividend is Thursday, July 4th. This is a boost from Babcock International Group’s previous dividend of $7.10. This represents a dividend yield of 4.86%. Babcock International Group’s dividend payout ratio is 0.76%.
Babcock International Group Company Profile
Babcock International Group PLC, together with its subsidiaries, provides engineering services for marine, land, aviation, and nuclear sectors in the United Kingdom and internationally. The company delivers through-life marine engineering services, including supporting naval fleets, commercial marine, engineering consultancy, weapons handling, equipment support, intelligence and cyber-security, and technical training to defense and civil customers.
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