Oc Oerlikon Cp (OTCMKTS:OERLF) Sees Strong Trading Volume – Here’s Why

Shares of Oc Oerlikon Cp (OTCMKTS:OERLF) saw unusually-high trading volume on Tuesday . Approximately 310 shares traded hands during trading, an increase of 210% from the previous session’s volume of 100 shares.The stock last traded at $5.06 and had previously closed at $5.20.

Analysts Set New Price Targets

Separately, Royal Bank Of Canada upgraded Oc Oerlikon Cp from a “hold” rating to a “moderate buy” rating in a report on Wednesday, November 5th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has an average rating of “Buy”.

Oc Oerlikon Cp Price 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 company has a 50-day moving average price of $4.38 and a 200 day moving average price of $3.86.

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.