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

Shares of Umicore S.A. – Unsponsored ADR (OTCMKTS:UMICY) have earned a consensus recommendation of “Moderate Buy” from the six research firms that are presently covering the stock, MarketBeat reports. Four equities research analysts have rated the stock with a hold recommendation, one has issued a buy recommendation and one has issued a strong buy recommendation on the company.

UMICY has been the topic of several research reports. Zacks Research raised Umicore to a “hold” rating in a research report on Tuesday, May 19th. Kepler Capital Markets downgraded Umicore from a “strong-buy” rating to a “hold” rating in a research note on Thursday, June 11th. Finally, The Goldman Sachs Group upgraded Umicore from a “neutral” rating to a “buy” rating in a research note on Wednesday, May 13th.

Umicore Trading Up 0.7%

Shares of Umicore stock opened at $6.76 on Friday. The firm’s 50 day simple moving average is $6.28 and its two-hundred day simple moving average is $5.57. Umicore has a 12-month low of $3.37 and a 12-month high of $7.68. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.75 and a current ratio of 1.35.

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.