Bodycote (LON:BOY) Sets New 52-Week High at $731.00

Bodycote plc (LON:BOY) reached a new 52-week high on Friday . The company traded as high as GBX 731 ($9.25) and last traded at GBX 722 ($9.14), with a volume of 16864 shares. The stock had previously closed at GBX 716 ($9.06).

Bodycote Stock Up 0.8 %

The company has a market cap of £1.36 billion, a price-to-earnings ratio of 1,591.11, a PEG ratio of 1.44 and a beta of 1.18. 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 business has a fifty day moving average of GBX 649.23 and a two-hundred day moving average of GBX 615.68.

Bodycote Increases Dividend

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

Insiders Place Their Bets

In other news, insider Kevin Boyd acquired 3,000 shares of the business’s stock in a transaction on Tuesday, March 19th. The stock was bought at an average cost of GBX 653 ($8.26) per share, for a total transaction of £19,590 ($24,794.33). 1.41% of the stock is owned by company insiders.

Bodycote Company Profile

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.