Bodycote (OTCMKTS:BYPLF) Sets New 1-Year Low – Should You Sell?

Bodycote plc (OTCMKTS:BYPLF) shares 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 4965 shares changing hands. The stock had previously closed at $7.50.

Analyst Ratings Changes

BYPLF has been the subject of a number of research analyst reports. Barclays upgraded Bodycote to a “hold” rating in a research note on Friday, August 16th. Royal Bank of Canada upgraded Bodycote to a “hold” rating in a research note on Wednesday, July 31st.

Bodycote Price Performance

The stock has a 50 day moving average of $8.70 and a 200-day moving average of $8.64.

Bodycote Company Profile

Bodycote plc provides heat treatment and thermal processing services worldwide. It operates in two Aerospace, Defence & Energy; and Automotive & General Industrial segments. 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 vacuum and honeycomb 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.