Babcock & Wilcox Enterprises Inc (BW) concluded trading on Wednesday at a closing price of $1.81, with 4.51 million shares of worth about $8.17 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 61.61% during that period and on November 13, 2024 the price saw a loss of about -28.46%. Currently the company’s common shares owned by public are about 89.45M shares, out of which, 86.88M shares are available for trading.
Stock saw a price change of -27.89% in past 5 days and over the past one month there was a price change of -38.44%. Year-to-date (YTD), BW shares are showing a performance of 23.97% which increased to 81.02% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.75 but also hit the highest price of $2.99 during that period. The average intraday trading volume for Babcock & Wilcox Enterprises Inc shares is 1.31 million. The stock is currently trading -25.41% below its 20-day simple moving average (SMA20), while that difference is down -11.47% for SMA50 and it goes to 23.38% higher than SMA200.
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Babcock & Wilcox Enterprises Inc (NYSE: BW) currently have 89.45M outstanding shares and institutions hold larger chunk of about 78.15% of that.
The stock has a current market capitalization of $166.88M and its 3Y-monthly beta is at 1.77. It has posted earnings per share of -$2.09 in the same period. It has Quick Ratio of 1.39. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for BW, volatility over the week remained 10.77% while standing at 9.23% over the month.
Stock’s fiscal year EPS is expected to rise by 88.57% while it is estimated to increase by 87.50% in next year. EPS is likely to shrink at an annualized rate of 6.99% for next 5-years, compared to annual growth of 46.93% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Craig Hallum on November 10, 2023 offering a Hold rating for the stock and assigned a target price range of between $10 and $2 to it. Coverage by Craig Hallum stated Babcock & Wilcox Enterprises Inc (BW) stock as a Buy in their note to investors on July 19, 2022, suggesting a price target of $11 for the stock. On March 25, 2021, Lake Street Initiated their recommendations, while on March 25, 2021, DA Davidson Initiated their ratings for the stock with a price target of $10. Stock get a Buy rating from B. Riley Securities on February 18, 2021.
