Shares of Umicore S.A. – Unsponsored ADR (OTCMKTS:UMICY – Get Free Report) reached a new 52-week high on Tuesday . The company traded as high as $7.6250 and last traded at $7.6250, with a volume of 11577 shares trading hands. The stock had previously closed at $7.54.
Analyst Upgrades and Downgrades
A number of research analysts have weighed in on UMICY shares. Zacks Research upgraded Umicore to a “hold” rating in a research note on Tuesday, May 19th. The Goldman Sachs Group upgraded Umicore from a “neutral” rating to a “buy” rating in a research note on Wednesday, May 13th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy”.
Read Our Latest Stock Analysis on UMICY
Umicore Stock Up 1.6%
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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