Bodycote (OTCMKTS:BYPLF) Shares Gap Up – What’s Next?

Shares of Bodycote (OTCMKTS:BYPLF) gapped up prior to trading on Friday . The stock had previously closed at $9.00, but opened at $9.35. Bodycote shares last traded at $9.35, with a volume of 203 shares trading hands.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on BYPLF shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Bodycote in a research note on Thursday, May 28th. Jefferies Financial Group reissued a “buy” rating on shares of Bodycote in a research note on Friday, April 10th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Bodycote Trading Up 3.9%

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 firm’s 50-day simple moving average is $9.38 and its two-hundred day simple moving average is $9.54.

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.