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

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

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

Umicore Price Performance

Shares of UMICY opened at $6.19 on Friday. Umicore has a one year low of $3.72 and a one year high of $7.68. The stock has a 50-day moving average of $6.26 and a 200-day moving average of $5.75. 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.