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

Umicore S.A. – Unsponsored ADR (OTCMKTS:UMICY) has earned a consensus rating of “Moderate Buy” from the six brokerages that are currently covering the firm, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating on the company.

UMICY has been the topic of a number of research reports. Kepler Capital Markets downgraded shares of Umicore from a “strong-buy” rating to a “hold” rating in a research report on Thursday, June 11th. Zacks Research raised shares of Umicore to a “hold” rating in a research report on Tuesday, May 19th. The Goldman Sachs Group upgraded shares of Umicore from a “neutral” rating to a “buy” rating in a research note on Wednesday, May 13th. 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 reissued a “buy” rating on shares of Umicore in a research note on Friday, June 19th.

Umicore Price Performance

UMICY stock opened at $6.58 on Wednesday. Umicore has a 1-year low of $3.72 and a 1-year high of $7.68. The business has a 50-day moving average price of $6.18 and a 200 day moving average price of $5.88. 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.