Umicore (OTCMKTS:UMICY) Rating Increased to Hold at Zacks Research

Umicore (OTCMKTS:UMICY) was upgraded by stock analysts at Zacks Research to a “hold” rating in a research note issued on Tuesday,Zacks.com reports.

Separately, 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 assigned a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Umicore Price Performance

UMICY stock opened at $7.12 on Tuesday. Umicore has a 1-year low of $2.41 and a 1-year high of $7.61. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.75 and a current ratio of 1.35. The business has a 50 day simple moving average of $5.30 and a two-hundred day simple moving average of $5.20.

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.