Umicore (OTCMKTS:UMICY) Reaches New 52-Week High – What’s Next?

Umicore S.A. – Unsponsored ADR (OTCMKTS:UMICYGet Free Report)’s share price hit a new 52-week high during trading on Monday . The company traded as high as $6.52 and last traded at $6.41, with a volume of 963 shares changing hands. The stock had previously closed at $6.10.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group cut shares of Umicore from a “buy” rating to a “hold” rating in a report on Tuesday, February 10th. One research analyst has rated the stock with a Strong Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.

View Our Latest Stock Report on UMICY

Umicore Stock Performance

The firm’s 50-day simple moving average is $4.98 and its 200 day simple moving average is $5.07. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.75 and a current ratio of 1.35.

About Umicore

(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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