Umicore S.A. – Unsponsored ADR (OTCMKTS:UMICY) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of Umicore S.A. – Unsponsored ADR (OTCMKTS:UMICY) have been given a consensus rating of “Moderate Buy” by the six ratings firms that are covering the company, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company.

A number of research firms recently weighed in on UMICY. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Umicore in a report on Friday, June 19th. Kepler Capital Markets downgraded Umicore from a “strong-buy” rating to a “hold” rating in a research report on Thursday, June 11th. Finally, Berenberg Bank lowered Umicore from a “strong-buy” rating to a “hold” rating in a report on Monday, June 22nd.

Umicore Price Performance

Shares of Umicore stock opened at $6.21 on Friday. The company has a 50-day moving average of $6.35 and a two-hundred day moving average of $6.00. Umicore has a 12-month low of $3.94 and a 12-month high of $7.68. The company has a quick ratio of 0.75, a current ratio of 1.35 and a debt-to-equity ratio of 0.99.

About Umicore

Umicore is a Belgium-based materials technology and recycling group serving customers in the automotive, energy, electronics, industrial and consumer goods markets. The company develops and produces materials used in clean mobility, energy storage, emissions control and other industrial applications, while also recovering valuable metals from industrial residues and end-of-life products.

Its activities include battery materials, such as cathode active materials and related products for rechargeable batteries; automotive and industrial catalyst technologies; and precious-metals refining and recycling.