Umicore S.A. – Unsponsored ADR (OTCMKTS:UMICY – Get Free Report) gapped down prior to trading on Monday. The stock had previously closed at $5.73, but opened at $5.53. Umicore shares last traded at $5.51, with a volume of 900 shares.
Wall Street Analyst Weigh In
Separately, Berenberg Bank downgraded Umicore from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 22nd. Two research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Umicore presently has a consensus rating of “Hold”.
View Our Latest Report on Umicore
Umicore Stock Down 3.4%
The firm’s fifty day moving average is $6.32 and its 200 day moving average is $6.14.
About Umicore
Umicore is a Belgium-based materials technology and recycling company serving industries involved in clean mobility, renewable energy, electronics and other advanced applications. Its activities focus on developing, producing and recycling materials that support the transition to a lower-carbon economy.
The company’s products and services include battery materials and precursor materials for rechargeable batteries, catalysts for automotive and industrial applications, and specialty materials used in areas such as electronics, energy storage and surface technologies.
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