Umicore (OTCMKTS:UMICY – Get Free Report) is projected to announce its resultson Friday, July 31st. Analysts expect Umicore to post earnings of $0.3007 per share and revenue of $2.2203 billion for the quarter.
Umicore Price Performance
UMICY opened at $5.52 on Friday. Umicore has a twelve month low of $3.72 and a twelve month high of $7.68. 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 firm’s 50-day moving average price is $6.42 and its 200 day moving average price is $5.74.
Analysts Set New Price Targets
UMICY has been the subject of a number of analyst reports. Zacks Research upgraded Umicore to a “hold” rating in a research report on Tuesday, May 19th. Kepler Capital Markets downgraded Umicore from a “strong-buy” rating to a “hold” rating in a research report on Thursday, June 11th. Berenberg Bank lowered Umicore from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 22nd. The Goldman Sachs Group upgraded Umicore from a “neutral” rating to a “buy” rating in a report on Wednesday, May 13th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Umicore in a research note on Friday, June 19th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy”.
Umicore Company Profile
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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