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

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

A number of equities analysts have recently issued reports on the stock. Kepler Capital Markets lowered shares of Umicore from a “strong-buy” rating to a “hold” rating in a research report on Thursday, June 11th. Berenberg Bank lowered shares of Umicore from a “strong-buy” rating to a “hold” rating in a report on Monday, June 22nd. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Umicore in a research report on Friday, June 19th.

Umicore Stock Performance

Shares of OTCMKTS UMICY opened at $6.10 on Friday. The firm’s 50-day simple moving average is $6.38 and its 200 day simple moving average is $6.01. 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 has a 12-month low of $4.08 and a 12-month high of $7.68.

Umicore Company Profile

Umicore is a Belgium-based materials technology and recycling group serving customers in the automotive, energy, electronics, industrial and consumer goods markets. The company develops and produces materials used in clean mobility, energy storage, emissions control and other industrial applications, while also recovering valuable metals from industrial residues and end-of-life products.

Its activities include battery materials, such as cathode active materials and related products for rechargeable batteries; automotive and industrial catalyst technologies; and precious-metals refining and recycling.