Bodycote (LON:BOY) Stock Passes Above Two Hundred Day Moving Average of $625.50

Shares of Bodycote plc (LON:BOY) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 625.50 ($7.86) and traded as high as GBX 714 ($8.97). Bodycote shares last traded at GBX 714 ($8.97), with a volume of 303,673 shares traded.

Bodycote Trading Up 0.1 %

The company has a current ratio of 1.05, a quick ratio of 0.74 and a debt-to-equity ratio of 12.23. The stock has a 50-day simple moving average of GBX 676.38 and a 200 day simple moving average of GBX 625.50. The company has a market cap of £1.34 billion, a price-to-earnings ratio of 1,586.67, a PEG ratio of 1.44 and a beta of 1.20.

Bodycote Increases Dividend

The company also recently announced a dividend, which will be paid on Thursday, June 6th. Investors of record on Thursday, April 25th will be issued a dividend of GBX 16 ($0.20) per share. This is an increase from Bodycote’s previous dividend of $6.70. The ex-dividend date is Thursday, April 25th. This represents a dividend yield of 2.53%. Bodycote’s payout ratio is 5,111.11%.

Insider Activity at Bodycote

In other Bodycote news, insider Kevin Boyd acquired 3,000 shares of the firm’s stock in a transaction on Tuesday, March 19th. The stock was acquired at an average cost of GBX 653 ($8.20) per share, for a total transaction of £19,590 ($24,610.55). In related news, insider Kevin Boyd purchased 3,000 shares of the business’s stock in a transaction on Tuesday, March 19th. The shares were bought at an average cost of GBX 653 ($8.20) per share, with a total value of £19,590 ($24,610.55). Also, insider Ben Fidler sold 44,945 shares of Bodycote stock in a transaction dated Tuesday, April 30th. The shares were sold at an average price of GBX 694 ($8.72), for a total value of £311,918.30 ($391,857.16). 1.45% of the stock is owned by insiders.

About Bodycote

Bodycote plc provides heat treatment and thermal processing services worldwide. It operates in two Aerospace, Defence & Energy; and Automotive & General Industrial segments. The company offers heat treatment services, including altering the microstructure of metals and alloys, such as steel and aluminum to impart properties comprising surface hardness, temperature resistance, ductility, and strength; metal joining services consisting of electron beam welding, HIP diffusion bonding, hydrogen brazing, induction brazing, and vacuum and honeycomb brazing; and hot isostatic pressing (HIP) services, including isostatic pressing and HIP supporting services, as well as Powdermet technology, a manufacturing process used in the production of complex components using powder metallurgy.