Ben Fidler Sells 44,945 Shares of Bodycote plc (LON:BOY) Stock

Bodycote plc (LON:BOY) insider Ben Fidler sold 44,945 shares of the firm’s stock in a transaction on Tuesday, April 30th. The stock was sold at an average price of GBX 694 ($8.72), for a total value of £311,918.30 ($391,807.94).

Bodycote Stock Performance

BOY opened at GBX 696 ($8.74) on Friday. The business has a fifty day simple moving average of GBX 668.35 and a 200-day simple moving average of GBX 621.42. The firm has a market cap of £1.31 billion, a PE ratio of 1,546.67, a P/E/G ratio of 1.44 and a beta of 1.18. Bodycote plc has a fifty-two week low of GBX 545 ($6.85) and a fifty-two week high of GBX 731 ($9.18). The company has a quick ratio of 0.74, a current ratio of 1.05 and a debt-to-equity ratio of 12.23.

Bodycote Increases Dividend

The company also recently disclosed 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 represents a dividend yield of 2.53%. This is a positive change from Bodycote’s previous dividend of $6.70. The ex-dividend date is Thursday, April 25th. Bodycote’s dividend payout ratio (DPR) is currently 5,111.11%.

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.