Bodycote (OTCMKTS:BYPLF) Shares Gap Up – Here’s What Happened

Bodycote (OTCMKTS:BYPLF)’s share price gapped up before the market opened on Wednesday . The stock had previously closed at $9.00, but opened at $11.21. Bodycote shares last traded at $11.44, with a volume of 200 shares.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Jefferies Financial Group reiterated a “buy” rating on shares of Bodycote in a report on Friday, April 10th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Bodycote in a research note on Thursday, May 28th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Bodycote in a research report on Thursday. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Bodycote Stock Performance

The company has a quick ratio of 1.02, a current ratio of 1.17 and a debt-to-equity ratio of 0.20. The stock’s 50 day moving average is $9.44 and its 200 day moving average is $9.66.

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.