Umicore S.A. – Unsponsored ADR (OTCMKTS:UMICY) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of Umicore S.A. – Unsponsored ADR (OTCMKTS:UMICY) have received a consensus rating of “Moderate Buy” from the six brokerages that are currently covering the company, Marketbeat reports. Three equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating on the company.

Several research analysts have recently issued reports on UMICY shares. Kepler Capital Markets lowered Umicore from a “strong-buy” rating to a “hold” rating in a research report on Thursday, June 11th. The Goldman Sachs Group raised Umicore from a “neutral” rating to a “buy” rating in a research note on Wednesday, May 13th. Berenberg Bank cut Umicore from a “strong-buy” rating to a “hold” rating in a report on Monday, June 22nd. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Umicore in a research note on Friday, June 19th. Finally, Zacks Research upgraded shares of Umicore to a “hold” rating in a report on Tuesday, May 19th.

Umicore Stock Performance

UMICY stock traded down $0.29 during midday trading on Tuesday, reaching $5.76. The company’s stock had a trading volume of 5,473 shares, compared to its average volume of 35,502. The business’s 50-day simple moving average is $6.50 and its 200-day simple moving average is $5.70. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.35 and a quick ratio of 0.75. Umicore has a 52 week low of $3.72 and a 52 week high of $7.68.

Umicore Company Profile

Umicore is a global materials technology and recycling company headquartered in Brussels, Belgium. The company specializes in the development and manufacture of advanced materials and catalysts that support clean mobility, energy storage and sustainable resource management. Its activities span the refining and recovery of precious metals, the production of emission control catalysts for the automotive industry, and the sourcing of materials for rechargeable batteries.

Umicore operates through three main business units: Catalysis, Energy & Surface Technologies, and Recycling.