Umicore (OTCMKTS:UMICY) Sees Unusually-High Trading Volume – Time to Buy?

Umicore S.A. – Unsponsored ADR (OTCMKTS:UMICY) shares saw an uptick in trading volume on Monday . 24,702 shares changed hands during trading, a decline of 30% from the previous session’s volume of 35,314 shares.The stock last traded at $5.69 and had previously closed at $5.65.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on UMICY. The Goldman Sachs Group lowered Umicore from a “buy” rating to a “hold” rating in a research report on Tuesday, February 10th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Umicore in a research report on Tuesday, January 6th. One investment analyst has rated the stock with a Strong Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Umicore Trading Up 0.7%

The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.75 and a current ratio of 1.35. The company has a 50-day moving average of $4.92 and a 200-day moving average of $5.05.

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.