Bodycote (LON:BOY) Stock Passes Above 200-Day Moving Average of $613.26

Bodycote plc (LON:BOY) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 613.26 ($7.75) and traded as high as GBX 692.50 ($8.75). Bodycote shares last traded at GBX 692.50 ($8.75), with a volume of 1,276,657 shares.

Bodycote Stock Performance

The stock has a fifty day moving average price of GBX 634.05 and a 200 day moving average price of GBX 613.26. The company has a current ratio of 1.05, a quick ratio of 0.74 and a debt-to-equity ratio of 12.23. The firm has a market cap of £1.31 billion, a price-to-earnings ratio of 1,538.89, a price-to-earnings-growth ratio of 1.44 and a beta of 1.18.

Bodycote Increases Dividend

The business also recently declared a dividend, which will be paid on Thursday, June 6th. Shareholders of record on Thursday, April 25th will be issued a dividend of GBX 16 ($0.20) per share. This represents a yield of 2.53%. The ex-dividend date of this dividend is Thursday, April 25th. This is an increase from Bodycote’s previous dividend of $6.70. Bodycote’s dividend payout ratio (DPR) is 5,111.11%.

Insider Transactions at Bodycote

In other news, insider Kevin Boyd bought 3,000 shares of the business’s stock in a transaction on Tuesday, March 19th. The stock was purchased at an average price of GBX 653 ($8.25) per share, with a total value of £19,590 ($24,756.73). 1.41% of the stock is owned by corporate insiders.

About Bodycote

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.