Oc Oerlikon Cp (OTCMKTS:OERLF) Lowered to “Hold” Rating by Royal Bank Of Canada

Oc Oerlikon Cp (OTCMKTS:OERLF) was downgraded by Royal Bank Of Canada from a “moderate buy” rating to a “hold” rating in a research report issued to clients and investors on Thursday,Zacks.com reports.

Oc Oerlikon Cp Stock Performance

Oc Oerlikon Cp stock opened at $5.06 on Thursday. Oc Oerlikon Cp has a 52-week low of $3.09 and a 52-week high of $5.20. The company has a quick ratio of 0.96, a current ratio of 1.14 and a debt-to-equity ratio of 0.17. The firm’s fifty day moving average is $4.44 and its 200 day moving average is $3.88.

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.