Umicore S.A. – Unsponsored ADR (OTCMKTS:UMICY) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of Umicore S.A. – Unsponsored ADR (OTCMKTS:UMICY) have been assigned a consensus rating of “Moderate Buy” from the six analysts that are currently covering the firm, MarketBeat.com reports. Three analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and one has issued a strong buy recommendation on the company.

Several equities research analysts have commented on UMICY shares. Zacks Research upgraded shares of Umicore to a “hold” rating in a research note on Tuesday, May 19th. The Goldman Sachs Group upgraded Umicore from a “neutral” rating to a “buy” rating in a research note on Wednesday, May 13th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Umicore in a report on Friday, June 19th. Berenberg Bank downgraded Umicore from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 22nd. Finally, Kepler Capital Markets lowered Umicore from a “strong-buy” rating to a “hold” rating in a report on Thursday, June 11th.

Umicore Stock Down 0.2%

UMICY opened at $6.77 on Wednesday. Umicore has a fifty-two week low of $3.72 and a fifty-two week high of $7.68. The company’s 50-day moving average is $6.16 and its 200 day moving average is $5.85. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.35 and a quick ratio of 0.75.

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.