Zacks Investment Research Upgrades Bodycote (OTCMKTS:BYPLF) to “Hold”
According to Zacks, “Bodycote PLC provides thermal processing services through heat treatment, metal joining, surface technology and Hot Isostatic Pressing. It serves aerospace, defense, automotive, power generation, oil & gas, construction, medical and transportation industry. Bodycote PLC is headquartered in Macclesfield, the United Kingdom. “
Shares of Bodycote stock remained flat at $$10.40 during mid-day trading on Monday. 1,100 shares of the company’s stock traded hands. Bodycote has a one year low of $9.35 and a one year high of $12.10. The stock has a fifty day moving average of $10.55 and a 200-day moving average of $10.56. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.92 and a quick ratio of 0.84.
Bodycote plc provides thermal processing services worldwide. The company operates in two business areas, Aerospace, Defence & Energy; and Automotive & General Industrial. It offers heat treatment services, including altering the microstructure of metals and alloys, such as steel and aluminum to impart properties comprising surface hardness, temperature resistance, ductility, and strength; metal joining services consisting of electron beam welding, and vacuum and honeycomb brazing; and Hot isostatic pressing (HIP) services, including HIP product fabrication, isostatic pressing, and HIP supporting services.
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