Zacks Research Upgrades Umicore (OTCMKTS:UMICY) to Hold

Umicore (OTCMKTS:UMICYGet Free Report) was upgraded by investment analysts at Zacks Research to a “hold” rating in a note issued to investors on Tuesday,Zacks.com reports.

Separately, The Goldman Sachs Group upgraded Umicore from a “neutral” rating to a “buy” rating in a report on Wednesday, May 13th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

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Umicore Stock Performance

Umicore stock opened at $7.12 on Tuesday. Umicore has a 52 week low of $2.41 and a 52 week high of $7.61. The stock has a 50-day simple moving average of $5.30 and a 200 day simple moving average of $5.20. The company has a current ratio of 1.35, a quick ratio of 0.75 and a debt-to-equity ratio of 0.99.

About Umicore

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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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Analyst Recommendations for Umicore (OTCMKTS:UMICY)

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