Umicore S.A. – Unsponsored ADR (OTCMKTS:UMICY – Get Free Report) saw an uptick in trading volume on Wednesday . Approximately 237,043 shares changed hands during trading, an increase of 589% from the previous session’s volume of 34,391 shares.The stock last traded at $7.02 and had previously closed at $6.8310.
Analyst Ratings Changes
Several analysts have commented on the stock. Zacks Research upgraded shares of Umicore to a “hold” rating in a report on Tuesday, May 19th. The Goldman Sachs Group raised Umicore from a “neutral” rating to a “buy” rating in a research report on Wednesday, May 13th. Berenberg Bank cut Umicore from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 22nd. Kepler Capital Markets lowered Umicore from a “strong-buy” rating to a “hold” rating in a research report on Thursday, June 11th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Umicore in a research report on Friday, June 19th. One investment 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 stock. According to data from MarketBeat, Umicore currently has a consensus rating of “Moderate Buy”.
Read Our Latest Stock Analysis on UMICY
Umicore Trading Down 4.2%
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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