The stock of Babcock & Wilcox Enterprises Inc (NYSE:BW) is a huge mover today! The stock is up 2.65% or $0.53 after the news, hitting $20.54 per share. About 153,001 shares traded hands. Babcock & Wilcox Enterprises Inc (NYSE:BW) has risen 0.20% since August 6, 2015 and is uptrending. It has outperformed by 3.15% the S&P500. The move comes after 7 months positive chart setup for the $1.09 billion company. It was reported on Mar, 14 by Barchart.com. We have $29.37 PT which if reached, will make NYSE:BW worth $468.70 million more.
According to Zacks Investment Research, “Babcock & Wilcox Enterprises, Inc. offers energy technology and services primarily for the nuclear, fossil and renewable power markets as well as a premier advanced technology and mission critical defense contractor. Babcock & Wilcox Enterprises, Inc. is headquartered in Charlotte, N.C.”
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