BWX Technologies Inc (NYSE:BWXT)’s share price reached a new 52-week high during trading on Thursday . The stock traded as high as $66.70 and last traded at $66.39, with a volume of 10297 shares traded. The stock had previously closed at $65.15.
BWXT has been the subject of several analyst reports. Barclays set a $55.00 target price on BWX Technologies and gave the stock a “sell” rating in a research report on Tuesday, October 8th. Zacks Investment Research downgraded BWX Technologies from a “buy” rating to a “hold” rating in a research report on Friday, November 8th. Finally, ValuEngine downgraded BWX Technologies from a “hold” rating to a “sell” rating in a research report on Friday, January 3rd. Three equities research analysts have rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $60.50.
The company has a debt-to-equity ratio of 2.40, a quick ratio of 1.86 and a current ratio of 1.86. The firm has a market cap of $6.21 billion, a P/E ratio of 27.79, a P/E/G ratio of 2.66 and a beta of 1.03. The company has a 50-day moving average of $62.69 and a 200 day moving average of $58.14.
In other BWX Technologies news, CFO David S. Black sold 1,000 shares of BWX Technologies stock in a transaction on Monday, November 11th. The stock was sold at an average price of $61.50, for a total value of $61,500.00. Also, insider Joel W. Duling sold 1,600 shares of BWX Technologies stock in a transaction on Tuesday, November 19th. The shares were sold at an average price of $60.87, for a total value of $97,392.00. Following the completion of the transaction, the insider now owns 16,801 shares of the company’s stock, valued at approximately $1,022,676.87. The disclosure for this sale can be found here. In the last quarter, insiders sold 3,600 shares of company stock valued at $224,742. Corporate insiders own 0.44% of the company’s stock.
A number of institutional investors and hedge funds have recently modified their holdings of BWXT. Virginia Retirement Systems ET AL grew its stake in shares of BWX Technologies by 1.1% during the third quarter. Virginia Retirement Systems ET AL now owns 17,700 shares of the technology company’s stock worth $1,013,000 after purchasing an additional 200 shares during the period. Oppenheimer Asset Management Inc. grew its stake in BWX Technologies by 7.6% in the third quarter. Oppenheimer Asset Management Inc. now owns 3,387 shares of the technology company’s stock valued at $194,000 after acquiring an additional 240 shares during the period. Vestmark Advisory Solutions Inc. grew its stake in BWX Technologies by 4.6% in the second quarter. Vestmark Advisory Solutions Inc. now owns 7,756 shares of the technology company’s stock valued at $404,000 after acquiring an additional 344 shares during the period. First Bank & Trust grew its stake in BWX Technologies by 4.4% in the third quarter. First Bank & Trust now owns 9,064 shares of the technology company’s stock valued at $518,000 after acquiring an additional 385 shares during the period. Finally, NumerixS Investment Technologies Inc acquired a new position in BWX Technologies in the second quarter valued at about $31,000.
BWX Technologies Company Profile (NYSE:BWXT)
BWX Technologies, Inc manufactures and sells nuclear components to the United States government. The company operates in three segments: Nuclear Operations, Technical Services, and Nuclear Energy. The Nuclear Operations segment offers precision naval nuclear components and reactors; close-tolerance and equipment for nuclear applications; and components for defense applications, as well as critical nuclear components, fuels, and assemblies for government and other uses.
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