Bodycote (OTCMKTS:BYPLF) Short Interest Update

Bodycote (OTCMKTS:BYPLF) saw a large decrease in short interest during the month of June. As of June 30th, there was short interest totaling 2,672 shares, a decrease of 62.9% from the June 15th total of 7,193 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 20 shares, the days-to-cover ratio is currently 133.6 days.

Bodycote Price Performance

Bodycote stock opened at $9.00 on Monday. The stock’s 50 day moving average price is $9.42 and its 200 day moving average price is $9.53. Bodycote has a 1-year low of $9.00 and a 1-year high of $10.05. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.02 and a current ratio of 1.17.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. Jefferies Financial Group reaffirmed a “buy” rating on shares of Bodycote in a report on Friday, April 10th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Bodycote in a report on Thursday, May 28th. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy”.

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.