Umicore (OTCMKTS:UMICY) Shares Gap Down – Time to Sell?

Umicore S.A. – Unsponsored ADR (OTCMKTS:UMICYGet Free Report) shares gapped down before the market opened on Thursday . The stock had previously closed at $7.6150, but opened at $7.01. Umicore shares last traded at $7.00, with a volume of 607 shares traded.

Analyst Ratings Changes

A number of research firms recently commented on UMICY. Zacks Research raised shares of Umicore to a “hold” rating in a research note on Tuesday, May 19th. The Goldman Sachs Group upgraded shares of Umicore from a “neutral” rating to a “buy” rating in a report on Wednesday, May 13th. One 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 data from MarketBeat, Umicore currently has an average rating of “Moderate Buy”.

View Our Latest Analysis on UMICY

Umicore Stock Down 2.8%

The company has a current ratio of 1.35, a quick ratio of 0.75 and a debt-to-equity ratio of 0.99. The company’s 50-day moving average price is $5.85 and its 200-day moving average price is $5.39.

About Umicore

(Get Free Report)

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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