Market Recap Check: Babcock & Wilcox Enterprises Inc (BW)’s Positive Finish at 1.90, Up/Down 0.53

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The price of Babcock & Wilcox Enterprises Inc (NYSE: BW) closed at $1.90 in the last session, up 0.53% from day before closing price of $1.89. In other words, the price has increased by $0.53 from its previous closing price. On the day, 0.94 million shares were traded. BW stock price reached its highest trading level at $1.9221 during the session, while it also had its lowest trading level at $1.81.

Ratios:

We take a closer look at BW’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.39 and its Current Ratio is at 1.78.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Craig Hallum on November 10, 2023, Downgraded its rating to Hold and sets its target price to $2 from $10 previously.

On July 19, 2022, Craig Hallum started tracking the stock assigning a Buy rating and target price of $11.

On March 25, 2021, Lake Street started tracking the stock assigning a Buy rating and target price of $12.Lake Street initiated its Buy rating on March 25, 2021, with a $12 target price.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Aug 15 ’24 when Dziewisz John J sold 2,733 shares for $1.05 per share. The transaction valued at 2,870 led to the insider holds 217,521 shares of the business.

Dziewisz John J bought 2,733 shares of BW for $2,870 on Aug 15 ’24. On Aug 01 ’24, another insider, Dziewisz John J, who serves as the General Counsel & Secretary of the company, sold 2,551 shares for $1.36 each. As a result, the insider received 3,459 and left with 206,591 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BW now has a Market Capitalization of 179201536 and an Enterprise Value of 679068800. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.21. Its current Enterprise Value per Revenue stands at 0.773 whereas that against EBITDA is -321.377.

Stock Price History:

Over the past 52 weeks, BW has reached a high of $2.99, while it has fallen to a 52-week low of $0.75. The 50-Day Moving Average of the stock is -11.40%, while the 200-Day Moving Average is calculated to be 27.48%.

Shares Statistics:

According to the various share statistics, BW traded on average about 1.38M shares per day over the past 3-months and 1792880 shares per day over the past 10 days. A total of 89.45M shares are outstanding, with a floating share count of 88.81M. Insiders hold about 5.84% of the company’s shares, while institutions hold 71.90% stake in the company. Shares short for BW as of 1730332800 were 2071438 with a Short Ratio of 1.50, compared to 1727654400 on 2201376. Therefore, it implies a Short% of Shares Outstanding of 2071438 and a Short% of Float of 3.39.

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