Umicore S.A. – Unsponsored ADR (OTCMKTS:UMICY – Get Free Report) was the recipient of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 44,331 shares, a growth of 337.3% from the May 14th total of 10,137 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 44,200 shares, the short-interest ratio is currently 1.0 days.
Analysts Set New Price Targets
UMICY has been the subject of several research reports. The Goldman Sachs Group raised shares of Umicore from a “neutral” rating to a “buy” rating in a research note on Wednesday, May 13th. Zacks Research upgraded shares of Umicore to a “hold” rating in a report on Tuesday, May 19th. Finally, Kepler Capital Markets downgraded shares of Umicore from a “strong-buy” rating to a “hold” rating in a report on Thursday. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, Umicore has an average rating of “Moderate Buy”.
Read Our Latest Report on Umicore
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.
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