Bristow Group (NYSE:VTOL) Hits New 12-Month Low at $21.17

Bristow Group Inc. (NYSE:VTOL – Get Rating) hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $21.17 and last traded at $21.58, with a volume of 14988 shares changing hands. The stock had previously closed at $22.40.

Bristow Group Trading Up 1.3 %

The stock has a market capitalization of $616.50 million, a price-to-earnings ratio of 68.78 and a beta of 1.40. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.44 and a current ratio of 1.73. The business has a 50-day moving average of $27.80 and a 200-day moving average of $26.80.

Institutional Trading of Bristow Group

Several institutional investors and hedge funds have recently added to or reduced their stakes in VTOL. Swiss National Bank raised its stake in Bristow Group by 7.1% during the 1st quarter. Swiss National Bank now owns 16,700 shares of the company’s stock valued at $619,000 after acquiring an additional 1,100 shares during the last quarter. JPMorgan Chase & Co. raised its stake in Bristow Group by 293.4% during the 1st quarter. JPMorgan Chase & Co. now owns 183,280 shares of the company’s stock valued at $6,796,000 after acquiring an additional 136,686 shares during the last quarter. Citigroup Inc. raised its stake in Bristow Group by 10.8% during the 1st quarter. Citigroup Inc. now owns 19,598 shares of the company’s stock valued at $727,000 after acquiring an additional 1,906 shares during the last quarter. Bank of Montreal Can purchased a new stake in Bristow Group during the 1st quarter valued at approximately $226,000. Finally, MetLife Investment Management LLC raised its stake in Bristow Group by 57.0% during the 1st quarter. MetLife Investment Management LLC now owns 13,043 shares of the company’s stock valued at $484,000 after acquiring an additional 4,735 shares during the last quarter. 95.30% of the stock is owned by hedge funds and other institutional investors.

Bristow Group Company Profile

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Bristow Group, Inc provides offshore oil and gas transportation, and search and rescue and aircraft support services to government and civil organizations. The company’s services include global SAR, helicopter sales, maintenance and modifications, training, oil & gas, and unmanned aircraft system solutions.