Bodycote plc (LON:BOY - Get Free Report)'s share price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 582.05 ($7.91) and traded as high as GBX 617 ($8.39). Bodycote shares last traded at GBX 615.50 ($8.37), with a volume of 177,529 shares trading hands.
Analyst Upgrades and Downgrades
Separately, Berenberg Bank reaffirmed a "buy" rating and set a GBX 800 ($10.88) target price on shares of Bodycote in a research report on Monday, March 24th.
View Our Latest Report on BOY
Bodycote Stock Up 0.4%
The business has a 50-day moving average price of GBX 556.65 and a 200-day moving average price of GBX 581.47. The company has a market capitalization of £1.10 billion, a price-to-earnings ratio of 18.42, a price-to-earnings-growth ratio of 1.44 and a beta of 1.18. The company has a quick ratio of 0.74, a current ratio of 0.81 and a debt-to-equity ratio of 20.84.
Bodycote (LON:BOY - Get Free Report) last posted its quarterly earnings results on Tuesday, April 15th. The company reported GBX 48.60 ($0.66) earnings per share for the quarter. Bodycote had a return on equity of 8.14% and a net margin of 8.01%. As a group, equities analysts anticipate that Bodycote plc will post 54.0540541 earnings per share for the current fiscal year.
Insiders Place Their Bets
In related news, insider Ben Fidler sold 29,835 shares of the company's stock in a transaction on Monday, April 28th. The stock was sold at an average price of GBX 465 ($6.32), for a total transaction of £138,732.75 ($188,598.08). Insiders own 2.32% of the company's stock.
Bodycote Company Profile
(
Get Free Report)
The leading provider of heat treatment and specialist thermal processing services worldwide.
Heat treatment encompasses a variety of techniques and specialist engineering processes which improve the properties of metals and alloys and extend the life of components and is a vital part of any manufacturing process.
Bodycote is uniquely placed via our global network and the experience and knowledge of our people to offer high quality, reliable and cost-effective services to manufacturers whatever their size or market sector.
Further Reading
Before you consider Bodycote, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Bodycote wasn't on the list.
While Bodycote currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
