Bodycote (OTCMKTS:BYPLF) Hits New 12-Month Low – Should You Sell?

by · The Cerbat Gem

Bodycote plc (OTCMKTS:BYPLF – Get Free Report) shares reached a new 52-week low on Monday . The company traded as low as $7.25 and last traded at $7.25, with a volume of 125 shares traded. The stock had previously closed at $7.25.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the company. Barclays raised Bodycote to a “hold” rating in a research note on Friday, August 16th. Royal Bank of Canada raised Bodycote from a “hold” rating to a “moderate buy” rating in a research note on Tuesday, October 15th.

Get Our Latest Stock Report on BYPLF

Bodycote Stock Performance

The company has a 50-day moving average of $8.46 and a 200-day moving average of $8.59.

Bodycote Company Profile

(Get Free Report)

Bodycote plc provides heat treatment and thermal processing services worldwide. It operates in two business areas, Aerospace, Defence & Energy; and Automotive & General Industrial. The company offers heat treatment services, including altering the microstructure of metals and alloys, such as steel and aluminum to impart properties comprising surface hardness, temperature resistance, ductility, and strength; metal joining services consisting of electron beam welding, HIP diffusion bonding, hydrogen brazing, induction brazing, and furnace/vacuum brazing; and hot isostatic pressing (HIP) services, including isostatic pressing and HIP supporting services, as well as Powdermet technology, a manufacturing process used in the production of complex components using powder metallurgy.

Featured Stories