Bodycote (OTCMKTS:BYPLF) Reaches New 52-Week High – Here’s Why

Bodycote (OTCMKTS:BYPLF)’s stock price reached a new 52-week high on Thursday . The company traded as high as $12.30 and last traded at $12.30, with a volume of 300 shares changing hands. The stock had previously closed at $9.35.

Analyst Upgrades and Downgrades

BYPLF has been the topic of several recent analyst reports. Jefferies Financial Group reiterated a “buy” rating on shares of Bodycote in a research note on Friday, April 10th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Bodycote in a research note on Thursday, May 28th. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Bodycote Stock Performance

The company has a current ratio of 1.17, a quick ratio of 1.02 and a debt-to-equity ratio of 0.20. The company has a 50 day simple moving average of $9.38 and a 200-day simple moving average of $9.63.

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.