Babcock & Wilcox Enterprises (NYSE:BW) Receiving Critical News Coverage, InfoTrie Reports

News stories about Babcock & Wilcox Enterprises (NYSE:BW) have trended negative on Friday, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive media coverage by reviewing more than 6,000 news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Babcock & Wilcox Enterprises earned a media sentiment score of -2.00 on their scale. InfoTrie also assigned headlines about the technology company an news buzz score of 10 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock’s share price in the near future.

BW traded down $0.07 during trading on Friday, hitting $3.61. The stock had a trading volume of 71,357 shares, compared to its average volume of 127,670. Babcock & Wilcox Enterprises has a 12 month low of $1.94 and a 12 month high of $9.90. The company has a 50 day simple moving average of $4.36 and a 200-day simple moving average of $2.62.

In other news, CFO Steven M. Gaven bought 3,800 shares of the company’s stock in a transaction that occurred on Wednesday, September 4th. The shares were purchased at an average price of $10.53 per share, for a total transaction of $40,014.00. Company insiders own 15.80% of the company’s stock.

Babcock & Wilcox Enterprises Company Profile

Babcock & Wilcox Enterprises, Inc provides fossil and renewable power generation and environmental equipment for the power and industrial markets worldwide. Its Babcock & Wilcox segment engages in the engineering, procurement, specialty manufacturing, construction, and commissioning of new and retrofit utility boilers and industrial boilers fired with coal and natural gas; and boiler cleaning equipment and material handling equipment.

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