Umicore S.A. – Unsponsored ADR (OTCMKTS:UMICY – Get Free Report) saw a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 24,710 shares, an increase of 525.9% from the June 15th total of 3,948 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 67,079 shares, the short-interest ratio is currently 0.4 days.
Umicore Price Performance
UMICY remained flat at $5.70 during trading on Friday. 21,332 shares of the company’s stock traded hands, compared to its average volume of 24,412. The business’s fifty day simple moving average is $6.56 and its 200 day simple moving average is $5.71. The company has a quick ratio of 0.75, a current ratio of 1.35 and a debt-to-equity ratio of 0.99. Umicore has a 52 week low of $3.72 and a 52 week high of $7.68.
Analysts Set New Price Targets
UMICY has been the topic of a number of analyst reports. Zacks Research upgraded Umicore to a “hold” rating in a report on Tuesday, May 19th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Umicore in a research note on Friday, June 19th. Berenberg Bank downgraded Umicore from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 22nd. Kepler Capital Markets downgraded Umicore from a “strong-buy” rating to a “hold” rating in a research report on Thursday, June 11th. Finally, The Goldman Sachs Group upgraded Umicore from a “neutral” rating to a “buy” rating in a research note on Wednesday, May 13th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, Umicore presently has an average rating of “Moderate Buy”.
Umicore Company Profile
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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