Umicore S.A. – Unsponsored ADR (OTCMKTS:UMICY – Get Free Report) saw strong trading volume on Thursday . 149,026 shares changed hands during mid-day trading, an increase of 300% from the previous session’s volume of 37,283 shares.The stock last traded at $6.69 and had previously closed at $6.6210.
Analyst Upgrades and Downgrades
UMICY has been the topic of several recent analyst reports. Berenberg Bank cut 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 research report on Wednesday, May 13th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Umicore in a research note on Friday, June 19th. Zacks Research raised shares of Umicore to a “hold” rating in a report on Tuesday, May 19th. Finally, Kepler Capital Markets lowered shares of Umicore from a “strong-buy” rating to a “hold” rating in a research note on Thursday, June 11th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy”.
Check Out Our Latest Report on UMICY
Umicore Trading Down 0.9%
About Umicore
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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