Umicore (OTCMKTS:UMICY) Stock Price Up 15.6% – Should You Buy?

Umicore S.A. – Unsponsored ADR (OTCMKTS:UMICYGet Free Report) shares traded up 15.6% during mid-day trading on Thursday . The stock traded as high as $7.6050 and last traded at $7.57. 1,816 shares changed hands during trading, a decline of 95% from the average session volume of 37,133 shares. The stock had previously closed at $6.55.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group raised Umicore from a “neutral” rating to a “buy” rating in a research report on Wednesday. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Read Our Latest Report on Umicore

Umicore Stock Performance

The company has a debt-to-equity ratio of 0.99, a current ratio of 1.35 and a quick ratio of 0.75. The business has a 50-day simple moving average of $5.09 and a 200-day simple moving average of $5.12.

About Umicore

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for Umicore Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Umicore and related companies with MarketBeat.com's FREE daily email newsletter.