Bodycote Plc (NASDAQ:BYPLF) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a report released on Friday.

According to Zacks, “Bodycote PLC provides thermal processing services through heat treatment, metal joining, surface technology and Hot Isostatic Pressing. It serves aerospace, defense, automotive, power generation, oil & gas, construction, medical and transportation industry. Bodycote PLC is headquartered in Macclesfield, the United Kingdom. “

Shares of Bodycote Plc (NASDAQ:BYPLF) traded up 1.67% during mid-day trading on Friday, hitting $12.20. 200 shares of the stock traded hands. The stock has a 50 day moving average price of $11.66 and a 200-day moving average price of $10.59. Bodycote Plc has a one year low of $7.60 and a one year high of $12.20. The company has a market cap of $2.32 billion and a P/E ratio of 23.37.

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