Umicore S.A. – Unsponsored ADR (OTCMKTS:UMICY – Get Free Report) saw strong trading volume on Wednesday . 237,043 shares traded hands during mid-day trading, an increase of 589% from the previous session’s volume of 34,391 shares.The stock last traded at $7.02 and had previously closed at $6.8310.
Analyst Ratings Changes
UMICY has been the topic of a number of research analyst reports. The Goldman Sachs Group raised Umicore from a “neutral” rating to a “buy” rating in a report on Wednesday, May 13th. Berenberg Bank cut shares of Umicore from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 22nd. Zacks Research raised shares of Umicore to a “hold” rating in a report on Tuesday, May 19th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Umicore in a research note on Friday, June 19th. Finally, Kepler Capital Markets cut shares of Umicore from a “strong-buy” rating to a “hold” rating in a report on Thursday, June 11th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.
Read Our Latest Analysis on UMICY
Umicore Price Performance
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.
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