Umicore (OTCMKTS:UMICY – Get Free Report) is expected to post its resultson Friday, July 31st. Analysts expect Umicore to announce earnings of $0.3007 per share and revenue of $2.2203 billion for the quarter.
Umicore Stock Down 3.8%
Shares of OTCMKTS:UMICY opened at $5.52 on Friday. The business has a 50-day moving average price of $6.42 and a 200 day moving average price of $5.74. 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 12-month low of $3.72 and a 12-month high of $7.68.
Wall Street Analysts Forecast Growth
UMICY has been the subject of several research reports. Berenberg Bank downgraded shares of Umicore from a “strong-buy” rating to a “hold” rating in a report on Monday, June 22nd. The Goldman Sachs Group upgraded Umicore from a “neutral” rating to a “buy” rating in a research note on Wednesday, May 13th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Umicore in a research report on Friday, June 19th. Kepler Capital Markets cut Umicore from a “strong-buy” rating to a “hold” rating in a research note on Thursday, June 11th. Finally, Zacks Research raised Umicore to a “hold” rating in a research report on Tuesday, May 19th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, Umicore has a consensus rating of “Moderate Buy”.
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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