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Bodycote (OTCMKTS:BYPLF) Sets New 1-Year Low - Here's Why

Bodycote logo with Industrials background

Shares of Bodycote plc (OTCMKTS:BYPLF - Get Free Report) hit a new 52-week low during trading on Monday . The stock traded as low as $7.25 and last traded at $7.25, with a volume of 125 shares traded. The stock had previously closed at $7.25.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on BYPLF shares. Royal Bank of Canada upgraded shares of Bodycote from a "hold" rating to a "moderate buy" rating in a research note on Tuesday, October 15th. Barclays upgraded shares of Bodycote to a "hold" rating in a report on Friday, August 16th.

Read Our Latest Research Report on BYPLF

Bodycote Price Performance

The stock's 50-day moving average price is $8.54 and its two-hundred day moving average price is $8.60.

About Bodycote

(Get Free Report)

Bodycote plc provides heat treatment and thermal processing services worldwide. It operates in two business areas, Aerospace, Defence & Energy; and Automotive & General Industrial. The company 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, HIP diffusion bonding, hydrogen brazing, induction brazing, and furnace/vacuum brazing; and hot isostatic pressing (HIP) services, including isostatic pressing and HIP supporting services, as well as Powdermet technology, a manufacturing process used in the production of complex components using powder metallurgy.

Further Reading

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