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

Shares of Bodycote plc (OTCMKTS:BYPLF) reached a new 52-week low on Monday . The company traded as low as $6.94 and last traded at $6.94, with a volume of 0 shares traded. The stock had previously closed at $6.94.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on BYPLF shares. Royal Bank of Canada upgraded Bodycote from a “hold” rating to a “moderate buy” rating in a research note on Tuesday, October 15th. Barclays upgraded shares of Bodycote to a “hold” rating in a report on Friday, August 16th.

Bodycote Stock Performance

The stock’s fifty day moving average price is $7.28 and its 200 day moving average price is $8.32.

About Bodycote

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