Oc Oerlikon Cp (OTCMKTS:OERLF) Hits New 1-Year High – Time to Buy?

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

Wall Street Analyst Weigh In

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

Oc Oerlikon Cp Stock Performance

The company has a debt-to-equity ratio of 0.17, a current ratio of 1.14 and a quick ratio of 0.96. The stock has a 50 day simple moving average of $3.90 and a 200 day simple moving average of $3.81.

Oc Oerlikon Cp Company Profile

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.