The price of Babcock & Wilcox Enterprises Inc (NYSE:BW) shares last traded on Wall Street fell -8.20% to $1.12.
BW stock price is now 80.45% away from the 50-day moving average and -18.48% away from the 200-day moving average. The market capitalization of the company currently stands at $110.21M.
With the price target maintained at $1, DA Davidson recently Downgraded its rating from Buy to Neutral for Babcock & Wilcox Enterprises Inc (NYSE: BW). On November 10, 2023, Craig Hallum Downgraded its previous ‘Buy’ rating to ‘Hold’ on the stock reducing its target price from $10 to quote $2, while ‘Lake Street’ rates the stock as ‘Buy’
In other news, Salamone Louis Jr, Chief Financial Officer sold 98,941 shares of the company’s stock on Dec 06 ’24. The stock was sold for $188,977 at an average price of $1.91. Upon completion of the transaction, the Chief Financial Officer now directly owns 583,045 shares in the company, valued at $0.65 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 15 ’24, General Counsel & Secretary Dziewisz John J sold 2,733 shares of the business’s stock. A total of $2,870 was realized by selling the stock at an average price of $1.05. This leaves the insider owning 217,521 shares of the company worth $0.24 million. A total of 6.29% of the company’s stock is owned by insiders.
During the past 12 months, Babcock & Wilcox Enterprises Inc has had a low of $0.22 and a high of $2.99.
For the current quarter, analysts expect BW to generate $174.03M in revenue.
