Umicore S.A. – Unsponsored ADR (OTCMKTS:UMICY – Get Free Report)’s share price gapped up prior to trading on Wednesday . The stock had previously closed at $6.55, but opened at $7.46. Umicore shares last traded at $7.5050, with a volume of 3,853 shares trading hands.
Analysts Set New Price Targets
Separately, The Goldman Sachs Group upgraded Umicore from a “neutral” rating to a “buy” rating in a research note on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy”.
Read Our Latest Research Report on UMICY
Umicore Stock Performance
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.
Recommended Stories
- Five stocks we like better than Umicore
- Qualcomm Stock Doubles: New Era? Or Another False Start?
- 3 Industrial Stocks That Just Crushed Earnings
- A Quantum Shift: Why Speculative Money Is Ditching AI
- Reading the Stripes: Is The Industrial Recession Over?
Receive News & Ratings for Umicore Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Umicore and related companies with MarketBeat.com's FREE daily email newsletter.
