Umicore S.A. – Unsponsored ADR (OTCMKTS:UMICY – Get Free Report) dropped 9.2% during trading on Tuesday. The stock traded as low as $5.11 and last traded at $5.11. 1,361 shares changed hands during trading, a decline of 96% from the average daily volume of 36,210 shares. The stock had previously closed at $5.63.
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank lowered shares of Umicore from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 22nd. Two analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold”.
Check Out Our Latest Stock Report on Umicore
Umicore Stock Down 3.5%
The business has a 50 day simple moving average of $6.29 and a two-hundred day simple moving average of $6.14.
About Umicore
Umicore is a Belgium-based materials technology and recycling company serving customers worldwide. The company develops and produces materials used in transportation, energy storage, electronics, chemicals and other industrial applications, with an emphasis on sustainability, resource efficiency and the circular economy.
Its activities include battery materials, such as cathode materials and related solutions for rechargeable batteries; automotive and industrial catalysts; and specialty materials used in electronics and other high-technology applications.
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