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Bodycote (LON:BOY) Share Price Passes Above Two Hundred Day Moving Average - What's Next?

Bodycote logo with Industrials background

Bodycote plc (LON:BOY - Get Free Report) shares passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 627.05 ($7.78) and traded as high as GBX 636 ($7.89). Bodycote shares last traded at GBX 635 ($7.88), with a volume of 294,374 shares changing hands.

Wall Street Analyst Weigh In

Separately, Berenberg Bank restated a "buy" rating and set a GBX 800 ($9.92) target price on shares of Bodycote in a report on Friday, December 13th.

Check Out Our Latest Research Report on BOY

Bodycote Price Performance

The stock has a market cap of £1.17 billion, a PE ratio of 1,936.36, a P/E/G ratio of 1.44 and a beta of 1.18. The company has a debt-to-equity ratio of 20.80, a quick ratio of 0.74 and a current ratio of 0.81. The business has a 50 day moving average price of GBX 637.31 and a two-hundred day moving average price of GBX 625.28.

Bodycote Company Profile

(Get Free Report)

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.

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