Umicore S.A. – Unsponsored ADR (OTCMKTS:UMICY) Receives Consensus Rating of “Moderate Buy” from Analysts

Umicore S.A. – Unsponsored ADR (OTCMKTS:UMICY) has earned an average recommendation of “Moderate Buy” from the six brokerages that are presently covering the company, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company.

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

Umicore Trading Down 4.9%

OTCMKTS UMICY traded down $0.29 during trading on Tuesday, hitting $5.76. 5,473 shares of the company’s stock traded hands, compared to its average volume of 35,502. 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 12-month low of $3.72 and a 12-month high of $7.68. The business has a 50 day moving average of $6.50 and a 200-day moving average of $5.70.

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.