Bodycote (LON:BOY) Sets New 52-Week Low – Here’s What Happened

Shares of Bodycote plc (LON:BOY) reached a new 52-week low on Friday . The company traded as low as GBX 520 ($6.73) and last traded at GBX 570 ($7.37), with a volume of 1228541 shares. The stock had previously closed at GBX 637 ($8.24).

Analysts Set New Price Targets

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 800 ($10.35) target price on shares of Bodycote in a report on Friday, December 13th.

Bodycote Stock Down 4.9 %

The company has a debt-to-equity ratio of 20.84, a quick ratio of 0.74 and a current ratio of 0.81. The firm’s 50-day moving average is GBX 643.51 and its 200 day moving average is GBX 621.10. The firm has a market capitalization of £1.09 billion, a PE ratio of 18.23, a price-to-earnings-growth ratio of 1.44 and a beta of 1.18.

About Bodycote

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.