Babcock & Wilcox Enterprises Inc (NYSE:BW) has been downgraded to Underperform in a report by Credit Suisse Group AG today.
- Updated: October 15, 2016
Credit Suisse Group AG has downgraded Babcock & Wilcox Enterprises Inc (NYSE:BW) to Underperform in a report released on 10/13/2016.
Just yesterday Babcock & Wilcox Enterprises Inc (NYSE:BW) traded -1.34% lower at $16.28. Babcock & Wilcox Enterprises Inc’s 50-day moving average is $16.44 and its 200-day moving average is $18.55. The last stock price is down -16.50% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 332,656 shares of BW traded hands, down from an avg. volume of 440,529
With a market cap of $0, Babcock & Wilcox Enterprises Inc has with a one year low of $14.27 and a one year high of $23.99 .
Brief Synopsis About Babcock & Wilcox Enterprises Inc (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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