Bodycote plc (LON:BOY - Get Free Report) reached a new 52-week low during trading on Friday . The stock traded as low as GBX 520 ($6.75) and last traded at GBX 570 ($7.40), with a volume of 1228541 shares traded. The stock had previously closed at GBX 637 ($8.27).
Analyst Ratings Changes
Separately, Berenberg Bank restated a "buy" rating and set a GBX 800 ($10.39) price target on shares of Bodycote in a research note on Friday, December 13th.
Check Out Our Latest Research Report on Bodycote
Bodycote Trading Down 3.5 %
The company's fifty day simple moving average is GBX 642.67 and its 200-day simple moving average is GBX 620.71. The firm has a market capitalization of £1.04 billion, a PE ratio of 17.39, a P/E/G ratio of 1.44 and a beta of 1.18. The company has a debt-to-equity ratio of 20.84, a current ratio of 0.81 and a quick ratio of 0.74.
Bodycote Increases Dividend
The firm also recently announced a dividend, which will be paid on Thursday, June 5th. Stockholders of record on Thursday, April 24th will be given a GBX 16.10 ($0.21) dividend. This represents a dividend yield of 2.8%. This is a boost from Bodycote's previous dividend of $6.90. The ex-dividend date of this dividend is Thursday, April 24th. Bodycote's dividend payout ratio is 69.21%.
Bodycote Company Profile
(
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The leading provider of heat treatment and specialist thermal processing services worldwide.
Heat treatment encompasses a variety of techniques and specialist engineering processes which improve the properties of metals and alloys and extend the life of components and is a vital part of any manufacturing process.
Bodycote is uniquely placed via our global network and the experience and knowledge of our people to offer high quality, reliable and cost-effective services to manufacturers whatever their size or market sector.
Further Reading
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