Umicore S.A. – Unsponsored ADR (OTCMKTS:UMICY – Get Free Report) shares saw unusually-high trading volume on Friday . Approximately 133,588 shares changed hands during mid-day trading, an increase of 265% from the previous session’s volume of 36,606 shares.The stock last traded at $6.77 and had previously closed at $6.78.
Wall Street Analysts Forecast Growth
A number of brokerages have recently commented on UMICY. The Goldman Sachs Group raised Umicore from a “neutral” rating to a “buy” rating in a research report on Wednesday, May 13th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Umicore in a research note on Friday, June 19th. Berenberg Bank cut Umicore from a “strong-buy” rating to a “hold” rating in a report on Monday, June 22nd. Kepler Capital Markets downgraded shares of Umicore from a “strong-buy” rating to a “hold” rating in a research note on Thursday, June 11th. Finally, Zacks Research upgraded shares of Umicore to a “hold” rating in a report on Tuesday, May 19th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy”.
Check Out Our Latest Stock Analysis on UMICY
Umicore Trading Down 0.3%
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.
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