Umicore (OTCMKTS:UMICY – Get Free Report) is projected to announce its resultson Friday, July 31st. Analysts expect the company to post earnings of $0.3007 per share and revenue of $2.2203 billion for the quarter.
Umicore Trading Down 0.0%
OTCMKTS UMICY opened at $5.69 on Thursday. The company has a fifty day moving average price of $6.31 and a 200-day moving average price of $5.74. 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 1 year low of $3.72 and a 1 year high of $7.68.
Analyst Upgrades and Downgrades
Several research firms recently weighed in on UMICY. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Umicore in a report on Friday, June 19th. The Goldman Sachs Group upgraded Umicore from a “neutral” rating to a “buy” rating in a research note on Wednesday, May 13th. Kepler Capital Markets downgraded Umicore from a “strong-buy” rating to a “hold” rating in a research report on Thursday, June 11th. Berenberg Bank downgraded Umicore from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 22nd. Finally, Zacks Research raised Umicore to a “hold” rating in a research report on Tuesday, May 19th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy”.
About Umicore
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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