Umicore S.A. – Unsponsored ADR (OTCMKTS:UMICY) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Umicore S.A. – Unsponsored ADR (OTCMKTS:UMICY) has received a consensus recommendation of “Moderate Buy” from the six research firms that are covering the company, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and one has issued a strong buy recommendation on the company.

Several equities analysts recently weighed in on UMICY shares. The Goldman Sachs Group raised shares of Umicore from a “neutral” rating to a “buy” rating in a research report on Wednesday, May 13th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Umicore in a research note on Friday, June 19th. Kepler Capital Markets lowered Umicore from a “strong-buy” rating to a “hold” rating in a report on Thursday, June 11th. Zacks Research raised Umicore to a “hold” rating in a research report on Tuesday, May 19th. Finally, Berenberg Bank downgraded Umicore from a “strong-buy” rating to a “hold” rating in a report on Monday, June 22nd.

Umicore Price Performance

Shares of OTCMKTS UMICY opened at $6.86 on Friday. The company has a current ratio of 1.35, a quick ratio of 0.75 and a debt-to-equity ratio of 0.99. The company has a 50-day moving average price of $6.17 and a 200-day moving average price of $5.78. Umicore has a 1 year low of $3.72 and a 1 year high of $7.68.

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.