Babcock & Wilcox Enterprises Inc (NYSE:BW) shares, rose in value, with the stock price down by -4.85% to the previous day’s close as strong demand from buyers drove the stock to $0.76.
Actively observing the price movement in the recent trading, the stock is buoying the session at $0.80, falling within a range of $0.751 and $0.823. The value of beta (5-year monthly) is 1.838. Referring to stock’s 52-week performance, its high was $2.99, and the low was $0.78. On the whole, BW has fluctuated by -30.75% over the past month.
With the market capitalization of Babcock & Wilcox Enterprises Inc currently standing at about $71.84 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2024-Nov-11.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 864.12M, with a low estimate of 195M and a high estimate of 228.8M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 213.07M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that BW’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of BW currently trading nearly -20.02% and -36.13% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 26.49, while the 7-day volatility ratio is showing 7.62% which for the 30-day chart, stands at 8.36%. Furthermore, Babcock & Wilcox Enterprises Inc (BW)’s beta value is 1.38, and its average true range (ATR) is 0.08.
A comparison of Babcock & Wilcox Enterprises Inc (BW) with its peers suggests the former has fared considerably weaker in the market. BW showed an intraday change of -4.85% in today’s session so far, and over the past year, it shrunk by -40.02%%.
Data on historical trading for Babcock & Wilcox Enterprises Inc (NYSE:BW) indicates that the trading volumes over the past 10 days have averaged 0.8 and over the past 3 months, they’ve averaged 964.65K. According to company’s latest data on outstanding shares, there are 92.38 million shares outstanding.
Nearly 5.75% of Babcock & Wilcox Enterprises Inc’s shares belong to company insiders and institutional investors own 74.60% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 2.0 million shares as on 2025-03-14, resulting in a short ratio of 2.32. According to the data, the short interest in Babcock & Wilcox Enterprises Inc (BW) stood at 316.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 2.46 million. The stock has fallen by -53.55% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the BW stock heading into the next quarter.
