Short Interest in Bodycote (OTCMKTS:BYPLF) Decreases By 82.8%

Bodycote (OTCMKTS:BYPLF) saw a significant decrease in short interest in the month of April. As of April 15th, there was short interest totaling 1,646 shares, a decrease of 82.8% from the March 31st total of 9,591 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 20 shares, the short-interest ratio is presently 82.3 days.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. Jefferies Financial Group reissued a “buy” rating on shares of Bodycote in a report on Friday, April 10th. Royal Bank Of Canada cut Bodycote from a “moderate buy” rating to a “hold” rating in a research note on Thursday, March 12th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy”.

Bodycote Price Performance

Shares of BYPLF remained flat at $9.49 during mid-day trading on Friday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.02 and a current ratio of 1.17. The company has a 50-day moving average of $9.95 and a two-hundred day moving average of $9.21. Bodycote has a 52 week low of $9.49 and a 52 week high of $10.05.

Bodycote Company Profile

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.