Bodycote plc (OTCMKTS:BYPLF - Get Free Report) was the target of a significant decline in short interest in the month of December. As of December 31st, there was short interest totalling 400 shares, a decline of 20.0% from the December 15th total of 500 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.
Analyst Upgrades and Downgrades
Separately, Royal Bank of Canada raised Bodycote from a "hold" rating to a "moderate buy" rating in a research report on Tuesday, October 15th.
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Bodycote Stock Performance
Bodycote stock remained flat at $7.67 during midday trading on Thursday. The business's 50 day simple moving average is $7.39 and its 200-day simple moving average is $8.14. Bodycote has a twelve month low of $6.94 and a twelve month high of $9.28.
Bodycote Company Profile
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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.
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