Bodycote (OTCMKTS:BYPLF – Get Free Report) was the recipient of a large drop in short interest in June. As of June 30th, there was short interest totaling 2,672 shares, a drop of 62.9% from the June 15th total of 7,193 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 20 shares, the days-to-cover ratio is presently 133.6 days.
Wall Street Analysts Forecast Growth
Several equities research analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Bodycote in a report on Thursday, May 28th. Jefferies Financial Group reissued a “buy” rating on shares of Bodycote in a report on Friday, April 10th. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.
Check Out Our Latest Stock Report on Bodycote
Bodycote Stock Performance
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.
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