Umicore (OTCMKTS:UMICY) Rating Lowered to Hold at Kepler Capital Markets

Umicore (OTCMKTS:UMICY) was downgraded by research analysts at Kepler Capital Markets from a “strong-buy” rating to a “hold” rating in a research report issued on Thursday,Zacks.com reports.

Other equities analysts also recently issued research reports about the stock. Zacks Research raised shares of Umicore to a “hold” rating in a research note on Tuesday, May 19th. The Goldman Sachs Group raised shares of Umicore from a “neutral” rating to a “buy” rating in a research note on Wednesday, May 13th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, Umicore presently has a consensus rating of “Moderate Buy”.

Umicore Stock Performance

UMICY stock opened at $6.42 on Thursday. The company has a fifty day moving average price of $6.08 and a 200-day moving average price of $5.48. Umicore has a 52-week low of $3.22 and a 52-week high of $7.68. The company has a quick ratio of 0.75, a current ratio of 1.35 and a debt-to-equity ratio of 0.99.

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.