Bodycote (OTCMKTS:BYPLF) Hits New 12-Month Low – Here’s Why

Bodycote (OTCMKTS:BYPLF) reached a new 52-week low during 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.

Wall Street Analysts Forecast Growth

BYPLF has been the topic of a number of recent research reports. Royal Bank Of Canada lowered shares of Bodycote from a “moderate buy” rating to a “hold” rating in a research report on Thursday, March 12th. Jefferies Financial Group restated a “buy” rating on shares of Bodycote in a report on Friday, April 10th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Bodycote in a research report on Thursday, May 28th. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy”.

Bodycote Stock Performance

The business’s 50-day moving average price is $9.54 and its 200 day moving average price is $9.49. 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.