Umicore (OTCMKTS:UMICY) Shares Gap Up – Time to Buy?

Umicore S.A. – Unsponsored ADR (OTCMKTS:UMICYGet Free Report)’s share price gapped up prior to trading on Thursday . The stock had previously closed at $4.7980, but opened at $5.04. Umicore shares last traded at $5.04, with a volume of 1,128 shares trading hands.

Analyst Ratings Changes

Separately, Jefferies Financial Group raised shares of Umicore to a “strong-buy” rating in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy”.

Read Our Latest Stock Analysis on UMICY

Umicore Stock Up 5.0%

The stock has a 50-day simple moving average of $4.44 and a 200 day simple moving average of $3.79.

Umicore Company Profile

(Get Free Report)

Umicore SA operates as a materials technology and recycling company in Belgium, rest of Europe, the Asia-Pacific, North America, South America, and Africa. It operates through Catalysis, Energy & Surface Technologies, and Recycling segments. The Catalysis segment provides automotive catalysts for gasoline, and diesel light and heavy-duty diesel applications, including on-road and non-road vehicles; stationary catalysis for industrial emissions control; and produces precious metals-based compounds and catalysts for use in the pharmaceutical and fine chemicals industries, as well as fuel cell applications.

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