Bodycote (OTCMKTS:BYPLF) Shares Gap Up – Here’s Why
by Kim Johansen · The Markets DailyBodycote (OTCMKTS:BYPLF – Get Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $9.49, but opened at $10.00. Bodycote shares last traded at $10.00, with a volume of 300 shares changing hands.
Wall Street Analyst Weigh In
BYPLF has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Bodycote in a report on Thursday, May 28th. Jefferies Financial Group reiterated a “buy” rating on shares of Bodycote in a report on Friday, April 10th. Finally, Royal Bank Of Canada cut shares of Bodycote from a “moderate buy” rating to a “hold” rating in a research report on Thursday, March 12th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, Bodycote presently has a consensus rating of “Moderate Buy”.
View Our Latest Report on Bodycote
Bodycote Price Performance
The company’s 50-day moving average is $9.64 and its two-hundred day moving average is $9.42. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.02 and a current ratio of 1.17.
Bodycote Company Profile
Bodycote plc (OTCMKTS: BYPLF) is a global provider of industrial thermal processing and materials technology services. The company offers a range of solutions including heat treatment, hot isostatic pressing, surface coatings and metal joining, all designed to enhance mechanical performance, improve material properties and extend the service life of critical components.
Operating more than 140 facilities across Europe, North America and the Asia-Pacific region, Bodycote serves customers in aerospace, automotive, energy, medical and general industrial markets.