Bodycote (OTCMKTS:BYPLF) Shares Gap Up – Time to Buy?

Bodycote (OTCMKTS:BYPLF)’s stock price gapped up before the market opened 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.

Analysts Set New Price Targets

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

Bodycote Trading Up 3.9%

The business’s 50 day simple moving average is $9.38 and its 200 day simple moving average is $9.54. The company has a quick ratio of 1.02, a current ratio of 1.17 and a debt-to-equity ratio of 0.20.

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.