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

Shares of Umicore S.A. – Unsponsored ADR (OTCMKTS:UMICY) have been given a consensus rating of “Moderate Buy” by the six brokerages that are covering the company, MarketBeat reports. Three analysts have rated the stock with a hold recommendation, two have given a buy recommendation and one has given a strong buy recommendation to the company.

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

Umicore Stock Performance

OTCMKTS UMICY opened at $6.77 on Wednesday. The company has a fifty day simple moving average of $6.16 and a 200 day simple moving average of $5.85. 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.

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.