Shares of Umicore S.A. – Unsponsored ADR (OTCMKTS:UMICY – Get Free Report) saw unusually-strong trading volume on Friday . Approximately 57,172 shares traded hands during mid-day trading, an increase of 64% from the previous session’s volume of 34,796 shares.The stock last traded at $5.48 and had previously closed at $5.4350.
Wall Street Analysts Forecast Growth
UMICY has been the subject of a number of research analyst reports. Zacks Research raised shares of Umicore to a “hold” rating in a report on Tuesday, May 19th. Berenberg Bank downgraded shares of Umicore from a “strong-buy” rating to a “hold” rating in a report on Monday, June 22nd. Kepler Capital Markets lowered shares of Umicore from a “strong-buy” rating to a “hold” rating in a research report on Thursday, June 11th. The Goldman Sachs Group raised shares of Umicore from a “neutral” rating to a “buy” rating in a research note on Wednesday, May 13th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Umicore in a report on Friday, June 19th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.
Check Out Our Latest Stock Report on Umicore
Umicore Price Performance
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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