Shares of Babcock & Wilcox Enterprises Inc. (NYSE:BW) traded today at $8.65, eclipsing its 52-week high. So far today approximately 1.2 million shares have been exchanged, as compared to an average 30-day volume of 1.5 million shares.
In the past 52 weeks, shares of Babcock & Wilcox Enterprises Inc. have traded between a low of $0.85 and a high of $8.65 and is now at $8.38, which is 886% above that low price.
Babcock & Wilcox Enterprises Inc provides advanced fossil and renewable power generation and environmental equipment. The firm operates in three segments: Babcock & Wilcox segment focuses on the supply of, and aftermarket services for steam-generating, environmental, and auxiliary equipment for power generation; Volund & Other Renewable segment provides steam-generating systems, environmental and auxiliary equipment for the waste-to-energy and biomass power generation industries; and SPIG segment provides custom-engineered cooling systems, services, and aftermarket products. Babcock & Wilcox segment generates most of the revenue.
Based on a current price of $8.38, Babcock & Wilcox Enterprises Inc. is currently 5.8% above its average consensus analyst price target of $7.90.
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