Umicore (OTCMKTS:UMICY) Upgraded to “Hold” at Zacks Research

Zacks Research upgraded shares of Umicore (OTCMKTS:UMICY) to a hold rating in a report issued on Tuesday morning,Zacks.com reports.

Separately, The Goldman Sachs Group upgraded shares of Umicore from a “neutral” rating to a “buy” rating in a research report on Wednesday, May 13th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

Umicore Price Performance

UMICY stock opened at $7.12 on Tuesday. The firm has a 50 day moving average of $5.30 and a 200-day moving average of $5.20. Umicore has a 12-month low of $2.41 and a 12-month high of $7.61. 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 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.