Umicore (OTCMKTS:UMICY) Sets New 12-Month High – Here’s What Happened

Shares of Umicore S.A. – Unsponsored ADR (OTCMKTS:UMICYGet Free Report) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $5.23 and last traded at $5.23, with a volume of 20010 shares changing hands. The stock had previously closed at $5.18.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group raised Umicore to a “strong-buy” rating in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

View Our Latest Stock Report on UMICY

Umicore Trading Down 0.1%

The business has a fifty day moving average price of $4.68 and a 200-day moving average price of $4.25.

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.

See Also

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.