Umicore S.A. – Unsponsored ADR (OTCMKTS:UMICY) Short Interest Update

Umicore S.A. – Unsponsored ADR (OTCMKTS:UMICYGet Free Report) saw a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 6,791 shares, an increase of 104.4% from the July 30th total of 3,323 shares. Based on an average daily trading volume, of 100,406 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are short sold.

Analyst Ratings Changes

UMICY has been the topic of several analyst reports. The Goldman Sachs Group upgraded shares of Umicore from a “neutral” rating to a “buy” rating in a report on Wednesday, May 13th. Berenberg Bank cut shares of Umicore from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 22nd. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Umicore in a research note on Friday, June 19th. Zacks Research upgraded Umicore to a “hold” rating in a research report on Tuesday, May 19th. Finally, Kepler Capital Markets cut Umicore from a “strong-buy” rating to a “hold” rating in a research note on Thursday, June 11th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Umicore presently has an average rating of “Moderate Buy”.

Read Our Latest Stock Analysis on UMICY

Umicore Price Performance

Shares of OTCMKTS:UMICY opened at $6.77 on Monday. The firm’s 50 day simple moving average is $6.16 and its 200 day simple moving average is $5.87. Umicore has a fifty-two week low of $3.72 and a fifty-two week high of $7.68. The company has a current ratio of 1.35, a quick ratio of 0.75 and a debt-to-equity ratio of 0.99.

Umicore Company Profile

(Get Free Report)

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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