Babcock & Wilcox Enterprises (NYSE:BW) has been downgraded from Neutral to Underperform in a statement by Credit Suisse earlier today.
- Updated: October 13, 2016
Credit Suisse has downgraded Babcock & Wilcox Enterprises (NYSE:BW) from Neutral to Underperform in a statement released on 10/13/2016.
Having a price of $16.28, Babcock & Wilcox Enterprises (NYSE:BW) traded -5.10% lower on the day. With the last close down -16.98% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Babcock & Wilcox Enterprises has recorded a 50-day average of $16.49 and a two hundred day average of $18.61. Volume of trade was down over the average, with 357,247 shares of BW changing hands under the typical 443,585
With a total market value of $0, Babcock & Wilcox Enterprises has with a one year low of $14.27 and a one year high of $23.99 .
General Information About Babcock & Wilcox Enterprises (NYSE:BW)
Babcock & Wilcox Enterprises, Inc. is a technology-based provider of fossil and renewable power generation and environmental equipment that includes a suite of boiler products and environmental systems, and services for power and industrial uses. The Company operates in three segments: Global Power, Global Services and Industrial Environmental. Through its Global Power segment, the Company engineers, manufactures, procures, constructs and commissions boilers fueled by fossil fuels and renewables in addition to environmental systems and related auxiliary equipment primarily to steam generating customers globally. Through its Global Services segment, the Company provides aftermarket products and services to steam generating utilities across the world and various industrial customers. Through its Industrial Environmental segment, the Company provides a range of environmental technology and services to industrial end markets across the world.
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