Bodycote (OTCMKTS:BYPLF) Sets New 12-Month Low – Here’s What Happened

Bodycote (OTCMKTS:BYPLF)’s share price hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $9.00 and last traded at $9.00, with a volume of 100 shares changing hands. The stock had previously closed at $9.59.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. Royal Bank Of Canada cut Bodycote from a “moderate buy” rating to a “hold” rating in a research note on Thursday, March 12th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Bodycote in a research note on Thursday, May 28th. Finally, Jefferies Financial Group reissued a “buy” rating on shares of Bodycote in a research report on Friday, April 10th. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

Bodycote Stock Performance

The business has a 50-day moving average price of $9.52 and a 200-day moving average price of $9.49. The company has a current ratio of 1.17, a quick ratio of 1.02 and a debt-to-equity ratio of 0.20.

About Bodycote

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.