Shares of Babcock & Wilcox Enterprises Inc. (NYSE:BW) traded at a new 52-week high today of $9.50. This new high was reached on approximately average trading volume as 1.1 million shares traded hands, while the average 30-day volume is approximately 1.5 million shares.
Babcock & Wilcox Enterprises Inc provides advanced fossil and renewable power generation and environmental equipment. The firm operates in three segments: B&W Renewable segment; B&W Environmental segment; and B&W Thermal segment. Majority of the revenue is derived from B&W Renewable segment that provides cost-effective technologies for efficient and environmentally sustainable power and heat generation, including waste-to-energy, biomass energy and black liquor systems for the pulp and paper industry. B&W’s technologies support a circular economy, diverting waste from landfills to use for power generation and replacing fossil fuels, while recovering metals and reducing emissions.
Babcock & Wilcox Enterprises Inc. share prices have moved between a 52-week high of $9.50 and a 52-week low of $0.85 and are now trading 1,008% above that low price at $9.42 per share.
Babcock & Wilcox Enterprises Inc. (NYSE:BW) defies analysts with a current price ($9.42) 8.5% above its average consensus price target of $8.62.
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