Bodycote (OTCMKTS:BYPLF) Shares Gap Up – What’s Next?

Shares of Bodycote (OTCMKTS:BYPLF) gapped up before the market opened on Wednesday . The stock had previously closed at $9.00, but opened at $11.21. Bodycote shares last traded at $11.44, with a volume of 200 shares.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. Jefferies Financial Group reissued a “buy” rating on shares of Bodycote in a report on Friday, April 10th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Bodycote in a report on Thursday, May 28th. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, Bodycote presently has a consensus rating of “Moderate Buy”.

Bodycote Stock Up 31.6%

The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.02 and a current ratio of 1.17. The stock’s 50 day moving average is $9.33 and its two-hundred day moving average is $9.61.

About Bodycote

Bodycote plc (OTCMKTS: BYPLF) is a global provider of industrial thermal processing and materials technology services. The company offers a range of solutions including heat treatment, hot isostatic pressing, surface coatings and metal joining, all designed to enhance mechanical performance, improve material properties and extend the service life of critical components.

Operating more than 140 facilities across Europe, North America and the Asia-Pacific region, Bodycote serves customers in aerospace, automotive, energy, medical and general industrial markets.