Umicore S.A. – Unsponsored ADR (OTCMKTS:UMICY – Get Free Report) saw a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 2,325 shares, a drop of 65.8% from the August 15th total of 6,791 shares. Based on an average daily volume of 93,180 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are short sold.
Umicore Price Performance
OTCMKTS UMICY opened at $6.44 on Friday. The company has a quick ratio of 0.75, a current ratio of 1.35 and a debt-to-equity ratio of 0.99. The firm’s fifty day moving average price is $6.29 and its two-hundred day moving average price is $5.94. Umicore has a 1 year low of $3.72 and a 1 year high of $7.68.
Analyst Ratings Changes
Several research analysts recently commented on the stock. Zacks Research upgraded shares of Umicore to a “hold” rating in a report on Tuesday, May 19th. Kepler Capital Markets cut shares of Umicore from a “strong-buy” rating to a “hold” rating in a research report on Thursday, June 11th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Umicore in a research note on Friday, June 19th. Finally, Berenberg Bank cut Umicore from a “strong-buy” rating to a “hold” rating in a report on Monday, June 22nd. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.
Umicore Company Profile
Umicore is a Belgium-based materials technology and recycling group serving customers in the automotive, energy, electronics, industrial and consumer goods markets. The company develops and produces materials used in clean mobility, energy storage, emissions control and other industrial applications, while also recovering valuable metals from industrial residues and end-of-life products.
Its activities include battery materials, such as cathode active materials and related products for rechargeable batteries; automotive and industrial catalyst technologies; and precious-metals refining and recycling.
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