Umicore S.A. – Unsponsored ADR (OTCMKTS:UMICY – Get Free Report) shares saw unusually-high trading volume on Monday . Approximately 121,764 shares were traded during mid-day trading, an increase of 255% from the previous session’s volume of 34,332 shares.The stock last traded at $5.6850 and had previously closed at $5.6865.
Analysts Set New Price Targets
A number of research firms recently commented on UMICY. Zacks Research upgraded shares of Umicore to a “hold” rating in a report on Tuesday, May 19th. Kepler Capital Markets cut Umicore from a “strong-buy” rating to a “hold” rating in a report on Thursday, June 11th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Umicore in a research note on Friday, June 19th. The Goldman Sachs Group upgraded Umicore from a “neutral” rating to a “buy” rating in a report on Wednesday, May 13th. Finally, Berenberg Bank downgraded Umicore from a “strong-buy” rating to a “hold” rating in a report on Monday, June 22nd. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.
Read Our Latest Analysis on UMICY
Umicore Stock Down 0.0%
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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