Shares of Umicore S.A. – Unsponsored ADR (OTCMKTS:UMICY – Get Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $5.42, but opened at $5.73. Umicore shares last traded at $5.7375, with a volume of 1,324 shares traded.
Wall Street Analyst Weigh In
Several equities analysts have commented on the stock. Berenberg Bank cut shares of Umicore from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 22nd. The Goldman Sachs Group raised Umicore from a “neutral” rating to a “buy” rating in a report on Wednesday, May 13th. Zacks Research raised Umicore to a “hold” rating in a research report on Tuesday, May 19th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Umicore in a report on Friday, June 19th. Finally, Kepler Capital Markets cut Umicore from a “strong-buy” rating to a “hold” rating in a research report on Thursday, June 11th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy”.
Read Our Latest Stock Analysis on Umicore
Umicore Stock Performance
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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