Umicore (OTCMKTS:UMICY) Shares Gap Up – Here’s What Happened

Shares of Umicore S.A. – Unsponsored ADR (OTCMKTS:UMICYGet Free Report) gapped up prior to trading on Tuesday . The stock had previously closed at $4.63, but opened at $4.8401. Umicore shares last traded at $4.8450, with a volume of 3,164 shares traded.

Analyst Ratings Changes

A number of research analysts recently weighed in on UMICY shares. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Umicore in a research report on Tuesday, January 6th. The Goldman Sachs Group cut shares of Umicore from a “buy” rating to a “hold” rating in a research report on Tuesday, February 10th. One research analyst has rated the stock with a Strong Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, Umicore presently has an average rating of “Hold”.

View Our Latest Report on UMICY

Umicore Stock Performance

The business has a 50 day moving average price of $5.47 and a 200-day moving average price of $4.88.

Umicore Company Profile

(Get Free Report)

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.

Further Reading

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