Umicore (OTCMKTS:UMICY) Rating Lowered to Hold at Kepler Capital Markets

Umicore (OTCMKTS:UMICY) was downgraded by Kepler Capital Markets from a “strong-buy” rating to a “hold” rating in a research note issued to investors on Thursday,Zacks.com reports.

UMICY has been the topic of a number of other research reports. Zacks Research upgraded shares of Umicore to a “hold” rating in a research report on Tuesday, May 19th. The Goldman Sachs Group upgraded shares of Umicore from a “neutral” rating to a “buy” rating in a research report on Wednesday, May 13th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

Umicore Price Performance

Shares of UMICY stock opened at $6.42 on Thursday. The firm has a 50 day moving average price of $6.08 and a two-hundred day moving average price of $5.48. Umicore has a 12-month low of $3.22 and a 12-month high of $7.68. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.75 and a current ratio of 1.35.

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.