Oc Oerlikon Cp (OTCMKTS:OERLF) Reaches New 1-Year High – Should You Buy?

Oc Oerlikon Cp (OTCMKTS:OERLF) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $5.20 and last traded at $5.20, with a volume of 1 shares traded. The stock had previously closed at $3.60.

Analysts Set New Price Targets

Separately, Royal Bank Of Canada upgraded Oc Oerlikon Cp from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, November 5th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Buy”.

Oc Oerlikon Cp Trading Up 44.4%

The company has a quick ratio of 0.96, a current ratio of 1.14 and a debt-to-equity ratio of 0.17. The firm’s fifty day moving average is $4.00 and its two-hundred day moving average is $3.83.

About Oc Oerlikon Cp

OC Oerlikon Corporation AG (OTCMKTS:OERLF) is a Swiss-based technology group headquartered in Pfäffikon, Switzerland, that designs, develops and manufactures advanced equipment and services for industrial surface solutions and materials processing. The company’s core activities include thin-film deposition and vacuum coating systems used to enhance wear and corrosion resistance on components in aerospace, automotive, tooling and consumer goods industries. Oerlikon also offers polymer processing equipment for the production of manmade fibers and nonwoven fabrics, serving textile producers across the globe.

The origins of Oerlikon date back to early 20th-century Swiss engineering enterprises, with the current corporate structure emerging around the year 2000 through a series of strategic acquisitions and reorganizations.