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

Umicore S.A. – Unsponsored ADR (OTCMKTS:UMICY) has received an average rating of “Moderate Buy” from the six analysts that are presently covering the stock, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation, two have given a buy recommendation and one has assigned a strong buy recommendation to the company.

Several research analysts recently weighed in on the stock. The Goldman Sachs Group raised shares of 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 research note on Friday, June 19th. Zacks Research upgraded shares of Umicore to a “hold” rating in a report on Tuesday, May 19th. Berenberg Bank lowered shares of Umicore from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 22nd. Finally, Kepler Capital Markets downgraded shares of Umicore from a “strong-buy” rating to a “hold” rating in a research note on Thursday, June 11th.

Umicore Stock Performance

Umicore stock opened at $5.73 on Tuesday. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.35 and a quick ratio of 0.75. Umicore has a fifty-two week low of $3.72 and a fifty-two week high of $7.68. The stock’s fifty day moving average is $6.57 and its two-hundred day moving average is $5.72.

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.